Compute what is the bonds current yield

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Question 1: A bond that matures in 7 years sells for 1020. The bond has a face value of 1000 and a yield to maturity of 10.5883%. The bond pays coupons semiannually. What is the bonds current yield?

Years to maturity = 7

Current price = 1020

Par Value = 1000

YTM = .105883

Current Yield?

Reference no: EM132566171

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