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Business, 17.06.2020 22:57 hadwell34

A coupon bond pays annual interest, has a par value of $1,000, matures in four years, has a coupon rate of 10%, and has a yield to maturity of 12%. The current yield on this bond is Multiple Choice 10.45%. 10.95%. 10.52%. None of the options are correct. 10.65%.

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