The current yield if the bond is currently selling for $980 is $5.
A corporate bond could be a bond issued by a company so as to boost funding for a range of reasons like to in progress operations, M&A, or to expand business. The term is typically applied to longer-term debt instruments, with maturity of a minimum of one year.
Face value is that the actual price of the digit whereas place price is that the position of a digit during a variety. for instance, the face price of five in five432 is five whereas the place price of 5 is 5000 (five-thousands).
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