Explain what is yield that trevor would earn by selling


Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $952.66. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,005.77, what is the yield that Trevor would earn by selling the bonds today?

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Finance Basics: Explain what is yield that trevor would earn by selling
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