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A bonds market price is 850. it has a 1,000 par value will mature in 14 years and has a coupon interest rate of 11
A bonds market price is 850. it has a 1,000 par value will mature in 14 years and has a coupon interest rate of 11 percent annual interest but makes its interest payments semiannually. what is the bonds yield to maturity? what happens to the bonds yield to maturity if the bonds matures in 28 years? whaf if it matures in 7 years?
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