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Business, 07.04.2020 17:55 kayleebug13

Bond P is a premium bond with a coupon rate of 11 percent. Bond D has a coupon rate of 6 percent and is currently selling at a discount. Both bonds make annual payments, have a YTM of 8 percent, and have four years to maturity. a. What is the current yield for Bond P and Bond D?

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