Malko enterprises-current yield
Malko Enterprises' bonds currently sell for $1050. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield?
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Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2013 for $283,294,720. The bonds mature on December 31, 2022 (10 years). For bonds of similar risk and maturity the market yield is 12%. In
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