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Business, 14.01.2020 02:31 chippicharleschinnu

Malko enterprises’ bonds currently sell for $1,020. they have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. what is their current yield?

a. 6.40%
b. 6.91%
c. 6.62%
d. 7.35%
e. 8.46%

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