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A bond has an annual coupon rate of 3.9%, a face value of $1000, a price of $1059.11, and matures in 10 years. What is
A bond has an annual coupon rate of 3.9%, a face value of $1000, a price of $1059.11, and matures in 10 years.
What is the bonds YTM?
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
