Mathematics, 08.03.2021 07:20 Martinemaberry1944
Carrie's Clothes, Inc. has a six-year bond outstanding that pays $80 annually. The face value of each bond is $1,000, and the bond sells for $920.
What is the bond's coupon rate? Round your answer to two decimal places.
%
What is the current yield? Round your answer to two decimal places.
%
What is the yield to maturity? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number.
%
Answers: 2
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Carrie's Clothes, Inc. has a six-year bond outstanding that pays $80 annually. The face value of eac...
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