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Compute the current yield of an 8 10-year bond that is

Question: Compute the current yield of an 8%, 10-year bond that is currently priced in the market at $1,100. Use annual compounding to find the promised yield on this bond. Repeat the promised yield calculation, but this time use semiannual compounding to find yield to maturity.

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Accounting Basics: Compute the current yield of an 8 10-year bond that is

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Accounting Basics: Compute the current yield of an 8 10-year bond that is

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