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A 25-year bond with a $1,000 face value and a 4.0% coupon, paid semi-annually, is selling for a price of $1,150. What is the bonds
A 25-year bond with a $1,000 face value and a 4.0% coupon, paid semi-annually, is selling for a price of $1,150. What is the bonds yield to maturity?
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Introduction To Finance Markets Investments And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
14th Edition
0470561076, 9780470561072
