If a $1,000 bond costs $1,000 and pays $90 interest,
1)the current yield is 9 percent
2)the yield to maturity is 9 percent
3)the bond is selling for par

Name: If a $1,000 bond costs $1,000 and pays $90 interest, 1)the current yield is 9 percent 2)the yield to maturity is 9 percent 3)the bond is selling for par
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The Answer of If a $1,000 bond costs $1,000 and pays $90 interest,
1)the current yield is 9 percent
2)the yield to maturity is 9 percent
3)the bond is selling for par

If a $1,000 Bond Costs $1,000 and Pays $90 Interest