A bond with an annual coupon rate of 4.8% sells for $970. what is the bond’s current yield?
1 answer:
Given:
A bond with an annual coupon rate of 4.8%, bond value is $970. The bond's current yield can be calculated using this formula:
i = F<em>i</em><em>b
</em><em>
</em>where i = bond <em />yield<em>
</em>F = $970
<em>ib </em>= 4.8%
i = 970*(0.048)
i = $46.56
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You answer for a. show be 200+600-1 should e lil tj
P= 2(7+4)
P= 2(11)
P= 22
Final answer: 22 units
Answer:
1
Step-by-step explanation:
if it's above 1.5 you would round up but it's not so
Its 20 the sides are equal
