Student Learning Assessment Program - EIU
When you purchased the bond, it had 11 years until maturity. The current market rate for bonds of this type is 9%. Answer the following two questions. 7. The current yield of your bond investment for one year is closest to ___%. (A) 5 (B) 10 (C) 15 (D) 20 . 8. The total return of your bond … ................
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