question archive What is the current yield on a 3 year bond with 10% annual coupons, a par value of 100, and a current price of 107

What is the current yield on a 3 year bond with 10% annual coupons, a par value of 100, and a current price of 107

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What is the current yield on a 3 year bond with 10% annual coupons, a par value of 100, and a current price of 107.87?

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