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A bond with 15 years to maturity has a semiannual interest payent of $40. If the bond sells for its par value, what are the
A bond with 15 years to maturity has a semiannual interest payent of $40. If the bond sells for its par value, what are the bonds current yield and yield to maturity?
Please be very detailed if you can answer this question, thank you for your help:-)
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