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A bond with a face value of $1,000 has a 15-year maturity and an 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 an 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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Sustainable Finance And Impact Investing
Authors: Alan S. Gutterman
1st Edition
1637423764, 978-1637423769
