What is the current yield for the given bond

Reference no: EM132065935

Question: A 07.40% coupon, 21-year annual bond is priced at $813. What is the current yield for this bond?

When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

Reference no: EM132065935

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