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A 5.70 percent coupon bond with 15 years left to maturity is offered for sale at $986.22. What yield to maturity is the bond offering?
A 5.70 percent coupon bond with 15 years left to maturity is offered for sale at $986.22. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)
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The Lifestyle Investor
Authors: Justin Donald, Ryan Levesque, Mike Koenigs
1st Edition
1636800130, 978-1636800134
