Business, 02.12.2019 18:31 nevarezchiu7972

Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. what is the current yield on the bond if it can be purchased for $1,200? enter your answer in percent form and to one decimal place. for example, if your answer is 0.034 (3.4%) then enter 3.4

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Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. what is the current yield...