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Business, 17.11.2020 05:20 alisonlebron15

What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $925, if
it pays 6% fixed interest for the duration of the
bond?
yield = [ ? 1 %
Give your answer as a percent rounded to the nearest
hundredth
Hint: yield -
interest paid
price paid

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Answers: 1

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