If a 1500 bond with 8 percent coupon paid annually and a, Financial Management

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If a 1500 bond with 8 percent coupon paid annually and a

If a $1,500 bond with a 8 percent coupon (paid annually) and a maturity date of ten years is selling for $1,316, what is the current yield and the yield to maturity? Round your answers to two decimal places.

The current yield %

The yield to maturity %

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Financial Management: If a 1500 bond with 8 percent coupon paid annually and a

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