What is the current yield-health food bonds
Problem:
Health Foods' bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 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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What is the coupon yield on the bond in above? What is the current yield on the bond in above?
They pay interest annually and have a 9 percent coupon rate. What is their current yield?
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