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A bond with 1000 par value, has 14 years left to maturity has a coupon rate...

A bond with 1000 par value, has 14 years left to maturity has a coupon rate of 10% with semi-annual coupon payments. The current yield to maturity is 15.5%. What is the current yield?

13.64%

11.15%

11.95%

14.51%

12.78%

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

As nothing was mentioned excel is used.

jeff jeffy answered 7 months ago
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