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an investor purchases a bond at $900 with a 5% coupon and a 5-year maturity. the bond has a current yield of a) 7.8%. b) 7.4%. c) 4.5%. d) 5.6%.
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an investor purchases a bond at $900 with a 5% coupon and a 5-year maturity. the bond has a current yield of a) 7.8%. b) 7.4%. c) 4.5%. d) 5.6%.

User Jean Lestang
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Step-by-step explanation:

a

User Mytuny
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