What is the current yield for hath foods bonds
Question:
Hath Foods' bonds have 7 years remaining to maturity. The bonds have face value of $1000 and a yield to maturity of 8 percent. They pay interest annually and have a 9 percent coupon rate. What is their current yield?
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Hath Foods' bonds have 7 years remaining to maturity. The bonds have face value of $1000 and a yield to maturity of 8 percent.
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