Wal-mart has issued bonds with 7 years to maturity a 75


Wal-Mart has issued bonds with 7 years to maturity, a 7.5% coupon rate (paid semi annually), and $1,000 face value. If the price of the bond is $750, what is the current yield on the bond?

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Financial Management: Wal-mart has issued bonds with 7 years to maturity a 75
Reference No:- TGS01161330

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