contestada

21. Perry Inc.'s bonds currently sell for $1,150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield

Respuesta :

Tundexi

Answer:

7.39%

Explanation:

The Current Yield = Annual Coupon / Current Price *100

= $85 / $1150 * 100

= 7.391304348%

= 7.39%

Hence, the correct answer is 7.39%

Otras preguntas