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A 10% semiannual coupon bond with a $1,000 face value matures in 12 years and sells at a price of $1,080. What is the bond's

A 10% semiannual coupon bond with a $1,000 face value matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity? a. 8.28% b. 8.65% C. 8.90% d. 9.31% e. 4.45% N = 24 I S PV = 1080 PMT FU=1000 -100,23
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A 10% semiannual coupon bond with a $1,000 face value matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity? a. 8.28% b. 8.65% c. 8.90% d. 9.31% e. 4.45% IN=24 PV=1080 P MT FU=1000

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