Math, asked by palvannanm, 10 months ago

5. If a 7% coupon bond is trading for 975, it has a
current yield of
per cent.
(a) 6.63
(b) 6.85
(C) 7.03
(d) 7.18

Answers

Answered by 31malasequeira

1

Answer:

70/975 = 7.18

Therefore the answer is (d) 7.18

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