A bond has a coupon rate of 6% and will repay its nominal value of $100 when

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A bond has a coupon rate of 6% and will repay its nominal value of $100 when it matures after four years. The bond will be purchased today for $103 ex-interest and held until maturity. what is the to 0.01%, the yield to maturity for the bond based on today's purchase price?

Posted Date: Jun 21, 2024 04:01 AM

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A bond has a coupon rate of 6% and will repay its nominal value of $100 when

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