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What is the? bond current? yield

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Reference no: EM132203759

An investor is considering purchasing a bond with a 4.59 percent coupon interest? rate, a par value of ?$1,000?, and a market price of ?$918.93. The bond will mature in nine years. Based on this? information, answer the following? questions:

a. What is the? bond's current? yield?

b. What is the? bond's approximate yield to? maturity?

c. What is the? bond's yield to maturity using a financial? calculator?

?Note: Assume coupon payments are paid annually

Reference no: EM132203759

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