Calculate the coupon rate and the current yield on a one year bond that has a face value of $1000 and an annual interest

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answerhappygod
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Calculate the coupon rate and the current yield on a one year bond that has a face value of $1000 and an annual interest

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Calculate the coupon rate and the current yield on a one year
bond that has a face value of $1000 and an annual interest payment
of $60. The instrument can be purchased for $1079
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