Multiple Choice
The Doolittle bonds have a face value of $1,000,a current market price of $1,048.50,a coupon rate of 4.6 percent,compounded semiannually.What is the current yield on these bonds?
A) 4.51%
B) 4.39%
C) 4.42%
D) 4.60%
E) 4.64%
Correct Answer:
Verified
Correct Answer:
Verified
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