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What is the current yield for a bond that was purchased for $850 and has...

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Question

Finance

What is the current yield for a bond that was purchased for $850 and has a coupon of 4% with semi- annual payments?

Question 42 options:

4.0%

4.3%

4.5%

4.7%

2.

If a bond is trading at a $1,127 and the semi-annual payment is $15, what is the current yield?

Question options:

2.0%

2.36%

2.66%

2.76%

Answer & Explanation Solved by verified expert
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