Brown enterprisesrsquo bonds has ytm of 85 they have a
Brown Enterprises’ bonds has YTM of 8.5%. They have a 9-year maturity, an annual coupon of 8%, and a par value of $1,000. What is their current yield (i.e., annual coupon payment/ price of bond.
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brown enterprisesrsquo bonds has ytm of 85 they have a 9-year maturity an annual coupon of 8 and a par value of 1000
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