Its current yield is 75 percent and its yield to maturity


A 1,000 par value bond with an annual coupon has only one year until matuirty. Its current yield is 7.5 percent and its yield to maturity is 10 percent. What is the price of the bond?

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Financial Management: Its current yield is 75 percent and its yield to maturity
Reference No:- TGS02388713

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