A 3.1% coupon bond with 5 years to maturity and a par value of $1,000 is currently selling for $1085.40. What is the bo
Posted: Sun Jun 05, 2022 10:27 am
A 3.1% coupon bond with 5 years to maturity and a par value of
$1,000 is currently selling for $1085.40. What is the bond's
current yield? Submit your final answer as a percentage
rounded to two decimal places.
$1,000 is currently selling for $1085.40. What is the bond's
current yield? Submit your final answer as a percentage
rounded to two decimal places.