A bond's coupon rate calls for a semiannual payment of $45 in interest. The current price of the bond is $900. Therefore
Posted: Sun Jul 03, 2022 12:52 pm
A bond's coupon rate calls for a semiannual payment of $45 in interest. The current price of the bond is $900. Therefore, its current yield must be O 5 percent O 12 percent O 14 percent O 4.5 percent O 10 percent