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A bond has a coupon rate of 6%. The coupon is paid annually. The bond is currently selling for $940 and has 7 years to
A bond has a coupon rate of 6%. The coupon is paid annually. The bond is currently selling for $940 and has 7 years to maturity. What is the bond yield?
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
