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A bond has an annual coupon rate of 4.1%, a face value of $1,000, a price of $952.99, and matures in 10 years. What is
A bond has an annual coupon rate of 4.1%, a face value of $1,000, a price of $952.99, and matures in 10 years.
What is the bond's YTM?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
