The bonds have a face value of 1000 and a yield to maturity, Financial Management

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The bonds have a face value of 1000 and a yield to maturity

Josephs Coproration bonds have 11 years remaining to maturity.

The bonds have a face value of $1,000 and a yield to maturity of 13.2500%. They pay interest annually and have a 8.00% coupon rate.

What is their current yield?

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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Financial Management: The bonds have a face value of 1000 and a yield to maturity

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Financial Management: The bonds have a face value of 1000 and a yield to maturity

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