What is the bond current yield

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Question - For a bond selling for $662, with a par value of $1,000 and a coupon rate of 8.56 percent, the current yield is _____.

You paid $1,200 for a corporate bond that has a 8.83 percent coupon rate. What is the bond's current yield?

A $1,000 par value bond with a 6.47 percent coupon rate, currently selling for $1,046, has a current yield of _____.

Reference no: EM133040492

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