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Jupiter Enterprises' bonds currently sell for $950. They have a 16-year maturity and an annual...

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Accounting

Jupiter Enterprises' bonds currently sell for $950. They have a 16-year maturity and an annual coupon of $50. What is their current yield?

4.27%

5.88%

7.50%

5.68%

5.26%

Answer & Explanation Solved by verified expert
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