ACI Operations Certificate challenging 3I0-013 Question # 225 Topic 12 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 225 Topic 12 Discussion

3I0-013 Exam Topic 12 Question 225 Discussion:
Question #: 225
Topic #: 12

A 7% bond, maturing in 10 years, is selling at 92.00. What is its current yield?


A.

7.61%


B.

6.40%


C.

7%


D.

The yield cannot be determined


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