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Business, 16.03.2020 21:14 josephbrowne9p18dit

Bond P is a premium bond with a 10 percent coupon. Bond D is a 4 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 7 percent, and have eight years to maturity. What is the current yield for bond P and bond D?

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Bond P is a premium bond with a 10 percent coupon. Bond D is a 4 percent coupon bond currently selli...
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