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November 27, 2014

Homework Help: Finance

Posted by Rebecca on Wednesday, April 21, 2010 at 12:30pm.

Brown Enterprisesí bonds currently sell for $1,025. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000. What is their current yield?
7.80%
7.90%
9.00%
9.10%
9.20%

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