What would be you expected rate of return

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Citigroup issued bonds that pay a coupon interest rateof 6 percent. the bonds mature in 11 years. They are selling for $862. What would be your expected rate of return (yield to maturity) if you bought the bonds? What would the current yield be?

a) What would be you expected rate of return?

b) What would the current yield be?

Reference no: EM131047471

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