The brokonna corporation has a 15-year 4 annual coupon bond, Financial Management

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The brokonna corporation has a 15-year 4 annual coupon bond

The Brokonna Corporation has a 15-year 4% annual coupon bond with a $1,000 par value. The current yield to maturity for the bond 3.3%.

A. What is the 13 the current price of bond? (Circle your answer.)

B. What is the current yield of this bond? (Circle your answer.)

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Financial Management: The brokonna corporation has a 15-year 4 annual coupon bond

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Financial Management: The brokonna corporation has a 15-year 4 annual coupon bond

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