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A 10 -year bond has face value of $1000, pays annual coupon with coupon rate of 5%, and is sold at $1040 when initially issued.
A 10 -year bond has face value of $1000, pays annual coupon with coupon rate of 5%, and is sold at $1040 when initially issued. What is the yield to maturity (YTM) of the bond (as an EAR)? 7.5% 4.9% 4.5% 4.1% 5.5%
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Energy And Finance Sustainability In The Energy Industry
Authors: André Dorsman, Özgür Arslan-Ayaydin, Mehmet Baha Karan
1st Edition
3319322664, 978-3319322667
