Solution-What is its current yield

What is its current yield

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Reference no: EM131318657

A bond with a par value of $1,000.00 and a semiannual coupon has a nominal yield to maturity of 5.30% and a current price of $920.00. If the bond has 6 years to maturity, what is its current yield?

4.23%
4.34%
0.00%
4.18%
4.05%

Reference no: EM131318657

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What is its current yield : A bond with a par value of $1,000.00 and a semiannual coupon has a nominal yield to maturity of 5.30% and a current price of $920.00. If the bond has 6 years to maturity, what is its current yield?

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What is its current yield

Reference no: EM131318657

Reference no: EM131318657

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