Consider a 4 percent coupon bond with 15 years to maturity. Determine the YTM that would result

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Consider a 4 percent coupon bond with 15 years to maturity. Determine the YTM that would result in a price of $300 for the bond.

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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