Task oriental corporations bonds make an annual coupon


Task Oriental Corporation's bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of $1,000, a current price of $1,130, and mature in 12 years.

a. What is the current yield
b. What is the yield to maturity on these bonds?

 

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Finance Basics: Task oriental corporations bonds make an annual coupon
Reference No:- TGS0623025

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