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A bond has a $1,000 par value, 7 years to maturity, and a 12% semi-annual coupon and sells for $947. What is its yield to
A bond has a $1,000 par value, 7 years to maturity, and a 12% semi-annual coupon and sells for $947.
What is its yield to maturity (YTM)?
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
