What is the current yield of this bond

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Reference no: EM131508004

The Brokonna Corporation has a 15-year 4% annual coupon bond with a $1,000 par value. The current yield to maturity for the bond 3.3%.

A. What is the 13 the current price of bond? (Circle your answer.)

B. What is the current yield of this bond? (Circle your answer.)

Reference no: EM131508004

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