Ask Question
14 February, 17:13

If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price of the bond is $1,200, what is the current yield on the bond?

+2
Answers (1)
  1. 14 February, 17:29
    0
    If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price of the bond is $1,2000, what is the current yield on the bond?

    10.0 percent.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers