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What is the current yield of the delta corporation bond

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Reference no: EM132616015

Problem 1: Delta Corporation has a bond issue outstanding with an annual coupon interest rate of 9 percent and 4 years remaining until maturity. The par value of the bond is $1,000.What is the current yield of the Delta Corporation bond is the bond currently sells for $713.75?

Reference no: EM132616015

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