2 years ago

Read this excerpt from John Donne's "A Valediction: Forbidding Mourning."

English

1 answer:

Neko [114]2 years ago

8 0

I believe the answer to C

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Answer:

current yield of bond = 5.90%

The coupon rate = 6.00%

Explanation:

Given :

Years to maturity = 3.5 years

Face value = 1000

Bond selling price = $1016.36

Yield to maturity = 5.48% with interest compounded semiannually

Using a financial calculator :

The current yield of bond = 5.90%

The coupon rate = 6.00%

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