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Computation of the current yield on the bond and yield to maturity
Bond Yields. A bond has 10 years until maturity, a coupon rate of 8%. and sells for $1,100.
a. Whta is the current yield on the bond?
b. What is the yield to maturity?
Purchase price as well as monthly payment for two different offers and Suppose that you want to purchase a new truck from a local dealership
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