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A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. Find the effective annual yield to maturity
A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. Find the effective annual yield to maturity of the bond if the bond price is $1,050. (Round your answers to 2 decimal places. Report your answer in % terms.)
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
