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thenamehobbs thenamehobbs
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5 months ago
The current yield (CY) is

▸ the ratio of the annual coupon interest divided by the bond's current market price.

▸ the ratio of the semi-annual coupon interest divided by the bond's current market price.

▸ the ratio of the annual coupon interest divided by the bond's maturity value.

▸ the ratio of the semi-annual coupon interest divided by the bond's maturity value.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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elixy19elixy19
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5 months ago
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thenamehobbs Author
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5 months ago
Thanks
kamikazekota
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Yesterday
Thank you, thank you, thank you!
big_larry_samp
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2 hours ago
This helped my grade so much Perfect
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