You have identified a 3.5 percent Treasury bond with four years left to maturity and a quoted

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You have identified a 3.5 percent Treasury bond with four years left to maturity and a quoted price of 96.281. Calculate the bond’s current yield and yield to maturity.

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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