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A bond with a coupon rate of 7.5% paid semi-annually, maturing in 5 years at a value of $1,000, and a current market price of
A bond with a coupon rate of 7.5% paid semi-annually, maturing in 5 years at a value of $1,000, and a current market price of $710, will have a yield to maturity of:
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
