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Mathematics, 08.03.2021 07:20 jcross11nate

Charlotte's Clothing issued a 4 percent bond with a maturity date of 13 years. Four years have passed and the bond is selling for $865. Assume that the bond pays interest annually. What is the current yield? Round your answer to two decimal places.

%

What is the yield to maturity? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number.

%

If five years later the yield to maturity is 6 percent, what will be the price of the bond? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar.

$


Charlotte's Clothing issued a 4 percent bond with a maturity date of 13 years. Four years have pass
Charlotte's Clothing issued a 4 percent bond with a maturity date of 13 years. Four years have pass

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