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A bond has a coupon rate of 9% and makes monthly coupon payments. This bond has a face value of $3,000, 16 years to maturity,
A bond has a coupon rate of 9% and makes monthly coupon payments. This bond has a face value of $3,000, 16 years to maturity, and the current price of the bind is $3,245. What is the annual YTM of this bond?
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State Owned Enterprise In The Western Economies
Authors: Raymond Vernon , Yair Aharoni
1st Edition
0415727596,1317917685
