What is the bond-s coupon rate and current yield


Blackstone, Inc. has a five-year bond outstanding that pays $60 annually. The face value of each bond is $1,000, and the bond sells for $890.

a.) What is the bond's coupon rate?

b.) What is the current yield?

c.) What is the yield to maturity?

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Finance Basics: What is the bond-s coupon rate and current yield
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