A bond has a 10% coupon with face value of $20,000. The bond is sold...

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A bond has a 10% coupon with face value of $20,000. The bond is sold at par. What is the current yield? 10% 15% 5% cannot be determined
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A bond has a 10% coupon with face value of $20,000. The bond is sold at par. What is the current yield? 10% 15% 3% cannot be determined

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