Austin power company issued 1000 bonds that have an annual
Austin Power Company issued $1000 bonds that have an annual coupon rate of 9.5%. The present market value of the bond is $1250. If the bonds have 10 years remaining until maturity, what is the current yield on Austin's bonds?
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austin power company issued 1000 bonds that have an annual coupon rate of 95 the present market value of the bond is
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