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djchewinggum djchewinggum
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8 months ago
Garvin Enterprises’ bonds currently sell for $1,230. They have a 7-year maturity, an annual coupon of $92, and a par value of $1,000. What is their current yield?


▸

6.32%



▸

6.80%



▸

7.15%



▸

7.48%

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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daoneandonly300daoneandonly300
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