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Blackstone Inc has a five-year bond outstanding that pays

Blackstone, Inc. has a five-year bond outstanding that pays $60 annually. The face value of each bond is $1,000, and the bond sells for $890.

(a) What is the bond's coupon rate?


(b) What is the current yield?


(c) What is the yield to maturity?

May 11 2018 View more View Less

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