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Business, 17.12.2020 17:40 bree249

A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 premium from par value. The current yield on this bond is . a. 6%
b. 6.49%
c. 6.73%
d. 7%

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A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and...
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