What is the? bond current? yield

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An investor is considering purchasing a bond with a 8.97 percent coupon interest? rate, a par value of ?$1,000?, and a market price of ?$1,092.42. 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?

Reference no: EM133073435

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