Filkins Farm Equipments five-year zero coupon bond is currently selling for $621. The bonds maturity value is

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Filkins Farm Equipment’s five-year zero coupon bond is currently selling for $621. The bond’s maturity value is $1,000 bond. What is the bond’s yield to maturity (YTM)?

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Cfin4 Plus Coursemate Printed Access Card 2014

ISBN: 9781285434544

1st Student Edition

Authors: Scott Besley, Eugene F. Brigham

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