A company has issued a 7 coupon bond payable in 10 years, Finance Basics

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A company has issued a 7 coupon bond payable in 10 years

Question: A company has issued a 7% coupon bond payable in 10 years that is currently valued in the market at 95.

a. What is the yield earned by anyone who buys this bond today and holds it until maturity?

b. What is this bond's 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: A company has issued a 7 coupon bond payable in 10 years

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Finance Basics: A company has issued a 7 coupon bond payable in 10 years

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