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A bond that matures in 8 years has a 10% coupon rate, semiannual payments, a face value of $1,000, and an 8.5% current yield. What
A bond that matures in 8 years has a 10% coupon rate, semiannual payments, a face value of $1,000, and an 8.5% current yield. What is the bond's nominal yield to maturity (YTM)? a.6.9% b.7.1% c.7.7% d...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
