TOAP UITF Certification Program Qualifying Exam Practice Questions - TOAP Unit Investment Trust Fund (UITF) Certification Program Qualifying Exam

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If a Philippine Treasury Bond has a par value of PHP 10,000, a coupon rate of 6% paid annually, and is currently trading at a market price of PHP 9,500, what is its current yield?

6.00% 6.32% 5.70% 6.50%

Correct Answer:

6.32%

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