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A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity ? 6% coupon, current price of
A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity ? 6% coupon, current price of $870.50, 10 years to maturity. a. 11.44% b. 7.90% c. 8.29%
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1st Edition
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