Consider the following information from the close of trading on November 24, 2020 for a coupon bond with a face value of
Posted: Sun Jul 03, 2022 1:01 pm
Consider the following information from the close of trading on November 24, 2020 for a coupon bond with a face value of $1,000 and a maturity date of November 29, 2022: Coupon rate: 4.75% Price: $1,075 Yield to maturity: 0.99% The bond's current yield was %. (Round your response to two decimal places.)