Their yield-to-maturity is 10 on an annual compounding and


Sally Skidwell sell seashells by the seashore has outstanding bonds $1,000 par value and they mature in 20 years. Their yield-to-maturity is 10% on an annual compounding and the current market price is $853.61. What is the bond's current yield?

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Business Economics: Their yield-to-maturity is 10 on an annual compounding and
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