What is the current yield on the following
What is the "current yield" on the following bond?
Par value $1000
Coupon rate 8%
Years to maturity 12
Market interest rate 7%
Market price $1080
a. 80/1000 = 8.7%
b. 70/1080 = 6.5%
c. 70/1000 = 7.6%
d. 80/1080 = 7.4%
e. (8 * 7)/1000 = 5.6%
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Place each term in the correct column that identifies either an organ system or body area. Labels Drop Zones Reset
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