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A bond has $1,000 par value, 20 years to maturity, a 9% annual coupon and sells for $925.00. What is the yield to maturity?
A bond has $1,000 par value, 20 years to maturity, a 9% annual coupon and sells for $925.00. What is the yield to maturity?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
