What is the interest rate on the bond what is the interest


A $100,000 bond is currently selling at 98, and the current yield on the bond is 6.2 percent. What is the interest rate on the bond? A $100,000 bond is currently selling at 98, and the current yield on the bond is 6.2 percent. What is the interest rate on the bond?

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Financial Management: What is the interest rate on the bond what is the interest
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