You have a three-year 10 bond selling for 95196 that has
You have a three-year 10% bond selling for $951.96 that has ANNUAL coupon payments.
What is the current yield on the bond? (see BKM p. 459 for definition)
What is the YTM for the bond?
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you have a three-year 10 bond selling for 95196 that has annual coupon paymentswhat is the current yield on the bond
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