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A bond has just been issued. The bond is currently selling for $1050. The bond will mature in 7 years. The bonds annual coupon rate
- A bond has just been issued. The bond is currently selling for $1050. The bond will mature in 7 years. The bonds annual coupon rate is 16% and the face value of the bond is $1,000. Coupons will be paid semi-annually. Excel
- Compute the bonds annual yield to maturity.
- Compute the bonds annual yield to maturity.
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