Xena owns a bond with an 85 coupon she bought it for 105000


Xena owns a bond with an 8.5% coupon. She bought it for $1,050.00. She could sell it today based on a current yield of 8 ¼%. What was the current yield when she bought it? What price could she sell it for today? What would be her gain or loss if she sold it?

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Finance Basics: Xena owns a bond with an 85 coupon she bought it for 105000
Reference No:- TGS0609489

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