Finding out the current yield on the bond
Question: A Sprint bond has 5 years until maturity a coupon rate of 8 percent, and sell for 2,000.a. What is the current yield on the bond?
b. What is the yield to maturity?
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What is the price and what is it yielding if it is selling for $938.81
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a. What is the current yield on the bond? b. What is the yield to maturity?
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What is the value of a Microsoft bond with a coupon rate of 7% and 6 years left to maturity when the YTM is 5%?
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