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A $1000 bond has a 5 percent coupon rate and matures in 8 years. The bond is currently selling for $827.35. What is the yield
A $1000 bond has a 5 percent coupon rate and matures in 8 years. The bond is currently selling for $827.35. What is the yield to maturity?
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Financial Management Core Concepts
Authors: Ray Brooks, Raymond Brooks
1st Edition
0321155173, 9780321155177
