lmbrown9910 lmbrown9910
  • 19-03-2024
  • Mathematics
contestada

What is the current yield for a bond with a current price of $900, a face value of $1,100, and a coupon rate of 5%? Round your answer to the nearest tenth. Provide your answer below:
a) 5.5%
b) 6.1%
c) 4.3%
d) 4.8%

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