Mitzis ii bonds offer a 5 coupon at a current market price


Question: Mitzi's, II. bonds offer a 5% coupon at a current market price of $989. The bonds have a face value of $1,000 and a call price of $1,025. What is the current yield on these bonds? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Mitzis ii bonds offer a 5 coupon at a current market price
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