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A bond with a $1,800 face value and 13 years remaining until maturity pays a coupon rate of 8.5% compounded semi-annually. Calculate the yield to
A bond with a $1,800 face value and 13 years remaining until maturity pays a coupon rate of 8.5% compounded semi-annually. Calculate the yield to maturity if the bond is priced at $1,440.
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