What is the current yield on bond

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1-Muscat Company has a bond with a par value of $1,000 and a 7% annual coupon interest rate. The bond has nine years remaining to the maturity date, and the required return is 10 % What is the current yield on this bond?

2-Ahmad purchases a bond that will pay him $123 interest each year plus a $1,560 principal that will pay at the maturity date. What is the $1,560 called?

Reference no: EM133004156

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