Suppose a bond with a 10% coupon rate and annual coupons, has a face value...
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Suppose a bond with a 10% coupon rate and annual coupons, has a face value of $1,000, 5 years to maturity and is selling for $1,197.93. Please calculate
1. Yield to Maturity (please key in formulas or calculator input, without procedure, no point is granted)=?
2. Current Yield=? (Please show equation)
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