For a bond selling for $800, with a par value of $1,000 and a coupon rate of 15.73 percent,what is the current yield?
Homework #4A (bond Current Yield) Finance Question 1 For a bond selling for $800, with a par value of $1,000 and a coupon rate of 15.73 percent, the current yield is _______. Round the answer to two decimal place in percentage form.
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