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    Current Yield

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    Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bond's required return is 10%, what is its current yield?

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    https://brainmass.com/business/bond-valuation/current-yield-164923

    Solution Summary

    The solution explains how to calculate the current yield on a bond

    $2.19

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