If anbspcorporate bond with a face valuenbspof 1000 has 24


If a corporate bond with a face value of $1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7% and a market price of $1,223.92, what is its current yield?

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Financial Management: If anbspcorporate bond with a face valuenbspof 1000 has 24
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