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A bond currently sells for 850. It has an 8 year maturity, an annual coupon payment of 80 and par value of 1000. What is
A bond currently sells for 850. It has an 8 year maturity, an annual coupon payment of 80 and par value of 1000. What is its YTM? What is its current yield?
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
