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Author Question: Company A has a bond outstanding that pays a 9% coupon. The interest is paid annually, and the bond ... (Read 40 times)

billyboy7272

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on: Aug 7, 2023
Company A has a bond outstanding that pays a 9% coupon. The interest is paid annually, and the bond matures in 15 years. The market rate of interest on bonds of similar risk is 6.5% and the bond is selling for $1,235.07. One year from today, the bond is expected to be selling for $1,225.35. What is the current yield on the bond?

◦

7.2870%


◦

7.3448%


◦

7.4500%


◦

7.5832%

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by billyboy7272 on Aug 7, 2023

marufp

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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billyboy7272

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

adf223

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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