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Coupon rate, current yield, yield to maturity

Company A is selling bonds paying $105 annually that will mature 10 years from today. The bond is currently selling for $970, the face value of the bond is $1000.

Calculate:
-coupon rate
-current yield
-yield to maturity

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Solution Preview

coupon rate = annual payment/ face value = 105/1000 = ...

Solution Summary

Coupon rate, current yield, and yield to maturity are determined.

$2.19