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A 10-year, 8% coupon bond with semi-annual coupons is trading at a price equal to $1,064 per $1,000 par value. Compute the quoted yield-to-maturity.
A 10-year, 8% coupon bond with semi-annual coupons is trading at a price equal to $1,064 per $1,000 par value. Compute the quoted yield-to-maturity.
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
