An Apple Co. 8.125%, 5-year, semi-annual-pay bond trading at 102.5% of par (where par =...
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An Apple Co. 8.125%, 5-year, semi-annual-pay bond trading at 102.5% of par (where par = $100). The bond comes with options, which is callable at 101 in 4 years and puttable at 100 in 4 years. What is the bond's current yield?
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