What is the yield on a bond that sold for $1102.50 (at time zero), that has...
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What is the yield on a bond that sold for $1102.50 (at time zero), that has a 10-year term, a 6.0% coupon rate with semi-annual payments, and a $1000 par value? (Students, this is a RATE problem, you are solving for RATE) PV= Rate = NPER = PMT= FV = I What is the yield on a bond that sold for $1102.50 (at time zero), that has a 10-year term, a 6.0% coupon rate with semi-annual payments, and a $1000 par value? (Students, this is a RATE problem, you are solving for RATE) PV= Rate = NPER = PMT= FV = I
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