Assume that a bond with five years to maturity a par value
Assume that a bond with five years to maturity, a par value of $1,000, and a $60 annual coupon payment costs $1,100 today. What is the coupon rate? What is the current yield?
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assume that a bond with five years to maturity a par value of 1000 and a 60 annual coupon payment costs 1100 today what
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