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A bond with a face value of $1,000 has a 15-year maturity and a 7.5 percent annual coupon. The bond has a current yield of
A bond with a face value of $1,000 has a 15-year maturity and a 7.5 percent annual coupon. The bond has a current yield of 7.5 percent. What is the bonds yield to maturity?
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
