Find out the current yield of the bond


Problem:

Assume you have a bond with a semiannual interest payment of $35, a par value of $1,000, and a current market of $7810.

Required:

Question: What is the current yield of the bond?

Note: Show supporting computations in good form.

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Accounting Basics: Find out the current yield of the bond
Reference No:- TGS0889968

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