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August 22, 2014

August 22, 2014

Posted by **Antoinette** on Monday, March 19, 2007 at 6:04pm.

An AT&T bond has 10 years until maturity, a coupon rate of 8 percent, and sells for $1,100.

a. What is the current yield on the bond?

b. What is the yield to maturity?

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