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Business, 14.08.2020 03:01 xDANTEx2456

A bond with par value of $1,000 has an annual coupon rate of 4.8% and currently sells for $970. What is the bond’s current yield? (Round your answer to 2 decimal places.)

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A bond with par value of $1,000 has an annual coupon rate of 4.8% and currently sells for $970. What...
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