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19. A 10% Intel bond has 5 years to maturity and is selling for $1,106. The yield to maturity (YTM) for the bond is: Answer:

19. A 10% Intel bond has 5 years to maturity and is selling for $1,106. The yield to maturity (YTM) for the bond is:

Answer: 7.424%

how is this answer found? equation or using financial calculator

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