Mathematics, 11.12.2021 08:00 josephbrowne9p18dit
What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $875, if
it pays 7% fixed interest for the duration of the
bond?
yield = [?] %.
Answers: 3
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What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $87...
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