Homework Help: Finance

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

Brown Enterprises’ 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%

Finance - Jeff, Monday, May 3, 2010 at 2:39pm
7.90%
Finance - david, Sunday, February 27, 2011 at 8:59pm
Adams Enterprises’ noncallable bonds currently sell for $1,120. They have a 15- year maturity, an annual coupon of $85, and a par value of $1,000. What is their yield to maturity?

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