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1. A bond sells for $921.08 and has a coupon rate of 6.80 percent. If the bond has 16 years until maturity, what is the
1. A bond sells for $921.08 and has a coupon rate of 6.80 percent. If the bond has 16 years until maturity, what is the yield to maturity of the bond? Assume semiannual compounding. 2 times a year for...
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
