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A 10-year, 10% semiannual coupon bond has a par value of $1,000.The bond has a price of $1,150.What is the bond's nominal yield to maturity?
A 10-year, 10% semiannual coupon bond has a par value of $1,000.The bond has a price of $1,150.What is the bond's nominal yield to maturity?
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
