You just purchased a corporate bond that matures in 5 years, Finance Basics

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You just purchased a corporate bond that matures in 5 years

Question: You just purchased a corporate bond that matures in 5 years, has an 8% coupon, and has a current yield of 8.21 %. What is the bond's yield to maturity? A corporate bond that matures in 7 years sells today for $1.020 and has a yield to maturity of 10.5833%. What is the bond's current yield? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You just purchased a corporate bond that matures in 5 years

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Finance Basics: You just purchased a corporate bond that matures in 5 years

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