Are you concerned by the ethical behavior presented in the case? Describe the dilemma and explain what you would do.
First, read the case Calculating & Disclosing Bond Yields: Ethics and Mechanics. Be sure to read the Notes at the bottom of the case, including: “The term “estimated yield” is essentially synonymous to the term “current yield.” Textbooks define current yield as the bond’s coupon payment divided by the current market value of the bond. […]