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You have a $1,000 face value bond that was originally 30 years paying 8% semi-annually. There are currently 10 years to maturity. It is selling for $...
You have a $1,000 face value bond that was originally 30 years paying 8% semi-annually. There are currently 10 years to maturity. It is selling for $ 861.27.
Its current yield is:
Select one or more:
a. 10.25 %
b. 4.64 %
c. 8.00 %
d. 9.29 %
e. 7.29 %