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| Teaching Since: | May 2017 |
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MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
Homework #4A Bond Current Yield
Finance
Question 3
A $1,000 par value bond with a 18.11 percent coupon rate, currently selling for $1,186, has a current yield of _______.Â
Round the answer to two decimal places in percentage form.Â
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