[Solved] 1. A corporation has an outstanding bond

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1. A corporation has an outstanding bond with the following characteristics: Coupon rate 7.0% Interest payments Semi-annually Face value $1,000 Years to maturity 30 Current

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1. A corporation has an outstanding bond with the following characteristics: Coupon rate 7.0% Interest payments Semi-annually Face value $1,000 Years to maturity 30 Current market value $1125.35 Find the yield to maturity (YTM) for this bond

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