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Heath Foods’ bonds have 7 years remaining to maturity The bonds have a face value of $1,000 and a yield to maturity of 8 percent They pay interest annually and have a 9 percent coupon rate

Heath Foods’ bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 8 percent. They pay interest annually and have a 9 percent coupon rate. What is their current yield?

Apr 02 2020 View more View Less

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