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The ABC Co. has $1,000 face value bond outstanding with a market price of $937.6.

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The ABC Co. has $1,000 face value bond outstanding with a market price of $937.6. The bond pays interest annually, matures in 9 years, and has a yield to maturity of 10.7 percent. What is the current yield?

 

Paper#21152 | Written in 18-Jul-2015

Price : $27
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