If the yield to maturity is 47 percent what is the current


A German company issues a bond with a par value of €1,000, 23 years to maturity, and a coupon rate of 5.8 percent paid annually. If the yield to maturity is 4.7 percent, what is the current price of the bond?

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Basic Statistics: If the yield to maturity is 47 percent what is the current
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