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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 bonds nominal yield
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 bonds nominal yield to maturity?
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
