Mathematics, 10.02.2021 02:10 dakmil79
What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $875, if
it pays 7% fixed interest for the duration of the
bond?
yield = [?] %
Give your answer as a percent rounded to the nearest
hundredth
Answers: 2
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What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $875...
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