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19-05-2017
Business

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If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price of the bond is $1,200, what is the current yield on the bond?

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rebeccablack8989 rebeccablack8989

23-05-2017

If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price of the bond is $1,2000, what is the current yield on the bond?
10.0 percent.

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