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a) Citi Bank, bond carries an 7.5% coupon, paid semiannually. The par value is $1,000, and the bond matures in seven years. If the bond
a) Citi Bank, bond carries an 7.5% coupon, paid semiannually. The par value is $1,000, and the bond matures in seven years. If the bond currently sells for $911.37, what is its yield to maturity? What is the effective annual yield
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th Global Edition
007715469X, 978-0077154691
