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Based on your risk assessment, your required rate of return is 9 percent for a...

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Finance

Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the current yield of the bond. A. 7.52% B. 8.02% C. 8.78% D. 9.12% E. 9.41% Using financial calculator

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