G corporation has a bond outstanding it has a coupon rate


G Corporation has a bond outstanding. It has a coupon rate of 9.0 percent and a $1000 par value. The bond has 10 years left to maturity. The bond is selling for $822. The current yield (not yield to maturity) on this bond is?

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Finance Basics: G corporation has a bond outstanding it has a coupon rate
Reference No:- TGS02912686

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