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makkiz [27]
3 years ago
15

Suppose that today, the current yield for a corporate bond is 4.3%. If the market price goes up by 11% tomorrow, compute the cur

rent yield after the increase.
Business
1 answer:
mamaluj [8]3 years ago
5 0

Answer:

Explanation:

(4.3/A)×100

The formula for current yield is given as

CY = Annual interest payment / Current Bond Price

Although the current bond price wasn't stated in the question but I'll assume a variable to it so that you can always substitute whenever you get a value.

Assuming the current bond price is A, the current yield will then become

(4.3/A)×100

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Answer:

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Explanation:

The other answer is wrong

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Why would a party with numerous issues agree to focus on the single issue of inflation?
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