Penny pincher discount grocers has issued a bond with a
Penny Pincher Discount Grocers has issued a bond with a coupon rate of 11%. It recently closed at a price of $1023.75. What is the bond's current yield?
a. 10.75%
b. 3.25%%
c. 12.8%
d. 8.9%
Now Priced at $10 (50% Discount)
Recommended (92%)
Rated (4.4/5)
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penny pincher discount grocers has issued a bond with a coupon rate of 11 it recently closed at a price of 102375 what
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