What is the current yield of a bond whose face value is P33,200 and pays a yearly interest of 13.7% if purchased at P36,700? Select the correct response: 12.3% O 12.7% 12.4% 12.0%
What is the current yield of a bond whose face value is P33,200 and pays a yearly interest of 13.7% if purchased at P36,700? Select the correct response: 12.3% O 12.7% 12.4% 12.0%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Question 2 of 5
What is the current yield of a bond whose face value is
P33,200 and pays a yearly interest of 13.7% if purchased at
P36,700?
Select the correct response:
O 12.3%
O 12.7%
12.4%
12.0%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F91733784-60de-46b0-b9e0-07f043ef5c9e%2F528057f6-65a7-4b37-b38c-9468c3940fe1%2Fv0q565_processed.png&w=3840&q=75)
Transcribed Image Text:Question 2 of 5
What is the current yield of a bond whose face value is
P33,200 and pays a yearly interest of 13.7% if purchased at
P36,700?
Select the correct response:
O 12.3%
O 12.7%
12.4%
12.0%
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