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    The income of a bond is a major variable in the bond valuati

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    The income of a bond is a major variable in the bond valuation equation. Bond Yields are also widely quoted in business journals as tools to compare various securities on income streams and total return.

    A bond currently sells for $875. It has a 7-year maturity, an annual coupon of $75, and a par value of $1000. What is its yield to Maturity? What is its current yield?

    © BrainMass Inc. brainmass.com June 4, 2020, 2:10 am ad1c9bdddf
    https://brainmass.com/business/bond-valuation/444180
    $2.19

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