Hatefinance inc bonds have a 3 coupon rate with semiannual


HateFinance, Inc. bonds have a 3% coupon rate with semiannual coupon payments and a $1,000 par value. The bonds have 11 years until maturity, and sell for $925. What is the current yield for Messinger's bonds?

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Financial Management: Hatefinance inc bonds have a 3 coupon rate with semiannual
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