Business, 30.03.2020 21:27 DwayneLeonard618

A corporate bond pays 7% of its face value once per year. If this $10 comma 000 10-year bond sells now for $10 comma 600, what yield will be earned on this bond? Assume the bond will be redeemed at the end of 10 years for $10 comma 000.

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A corporate bond pays 7% of its face value once per year. If this $10 comma 000 10-year bond sells n...

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