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A bond with 25 years to maturity currently sells for $808.25. If the bond pays 4.5% coupon annually, what is this bonds YTM? Hint: The
A bond with 25 years to maturity currently sells for $808.25. If the bond pays 4.5% coupon annually, what is this bonds YTM? Hint: The correct answer will round to .00 or .50.
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
