Today a bond has a coupon rate of 642 percent par value of, Ask an Expert

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Today, a bond has a coupon rate of 6.42 percent, par value of 1,000 dollars, YTM of 8.62 percent, and semi-annual coupons with the next coupon due in 6 months.

One year ago, the bond's price was 1,031.81 dollars and the bond had 14 years until maturity.

What is the current yield of the bond today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92868089

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