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(5%) Calculate the yield-to-maturity on a Disney bond that matures in 13 years, pays 6.4% coupon, semi-annually, with a current price of $114.328 (as on
(5%) Calculate the yield-to-maturity on a Disney bond that matures in 13 years, pays 6.4% coupon, semi-annually, with a current price of $114.328 (as on 11 September 2022). bond has a par value of $1,000. Use the Terminal Tutorial section to find the yield-to-maturity on the same bond in question 5. Explain the difference between your calculation and the Terminal Tutorial result
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
