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Unformatted text preview: matures? a. 7 years b. 10 years c. 14 years d. 18 years e. none of the above Enter 6.87 -394.47 1,000 N I/Y PV PMT FV Solve for 14 3. DAngelos bonds have a face value of $1,000 and a current market price of $1010. The bonds have a 7 percent coupon rate. What is the current yield on these bonds? a. 6.93 percent b. 6.97 percent c. 7.00 percent d. 7.03 percent e. none of the above 1 Current yield = percent...
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This note was uploaded on 04/07/2011 for the course BUS M 301 taught by Professor Jimbrau during the Winter '11 term at BYU.
- Winter '11