Determine the current yield on a corporate bond investment

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Question: 1. Determine the current yield on a corporate bond investment that has a face value of $1,000, pays 4.60 percent, and has a current price of $950.

2. Choose a corporate bond that you would consider purchasing. Then, using information obtained on the Internet or in the library, answer the questions in "Your Personal Financial Plan" sheet 37. Based on your research, would you still purchase this bond?

Reference no: EM131486540

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