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QUESTION
Kaiman inc bonds have a 14% coupon rate with semi annual coupon 19 years until maturity and a par value of 1000. What is the current yield of the...
Kaiman inc bonds have a 14% coupon rate with semi annual coupon 19 years until maturity and a par value of 1000. What is the current yield of the bond. The bond is selling at market price of 1276.
