A coupon bond pays annual interest, has a par value of $1,000, matures in 12 years, has a coupon rate...

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A coupon bond pays annual interest, has a par value of $1,000, matures in 12 years, has a coupon rate of 11%and has a yield to maturity of 12%. The current yield on the bond is?

    • 12 years ago
    • 999999.99
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    assadhassan
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