Question
A bond with a maturity of 10 years sells for $1,048. If the coupon rate is 7 percent, what is the yield to maturity of
| A bond with a maturity of 10 years sells for $1,048. If the coupon rate is 7 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
| Yield to maturity | % |
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The Handbook Of News Analytics In Finance
Authors: Gautam Mitra, Leela Mitra
1st Edition
047066679X, 978-0470666791
