Consider a bond that has a price of $920.14, a coupon rate of 8.5%, a...
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Finance
Consider a bond that has a price of $920.14, a coupon rate of 8.5%, a yield to maturity of 9.4%, a face value of $1000, and 20 years to maturity. What is the current yield? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below. Enter your answer to 2 DECIMAL PLACES. Number %
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