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A 7 - year - to - maturity, quarterly bond is currently trading at $ 1 , 0 8 0 . The YTM is 4
A yeartomaturity, quarterly bond is currently trading at $ The YTM is What was the interest rate at the time of issuance years ago, assuming the bond was issued at par?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
