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Author Question: Find the current yield of a bond whose coupon rate is listed as 7.375 and currently selling at a ... (Read 154 times)

APUS57

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on: Jun 24, 2018
Find the current yield of a bond whose coupon rate is listed as 7.375 and currently selling at a discount of 99.875. (Round to the nearest tenth percent)

Question 2

The ___________________ _ the number of compounding periods per year, the higher the interest earned on the investment.
 Fill in the blank(s) with correct word


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SomethingSomething

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Reply #1 on: Jun 24, 2018
Answer to Question 1

7.4

Answer to Question 2

greater


APUS57

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Reply #2 on: Jun 24, 2018
Thank you


SomethingSomething

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Reply #3 on: Jun 24, 2018
No problemo


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