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What is the running yield of a $1,000 par value bond with a 6% coupon...

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Finance

What is the running yield of a $1,000 par value bond with a 6% coupon rate paid semiannually, if the bond is priced with a yield to maturity of 7% and it has 21 years to maturity?

  • 7.00%

  • 3.37%

  • 3.26%

  • 6.74%

  • 6.52%

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