You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Alpha 7 1\2 25" this information indicates that
A) the coupon rate on this bond is 7.25 percent.
B) the year this bond matures is 2025.
C) the current yield on this bond is 7.5 percent.
D) the current yield on this bond has risen 0.25 percent since the previous trading day.
Correct Answer:
Verified
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