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A company has a bond outstanding that sells for 105.43% of its $100,000 par value. The bond has a coupon rate of 3.4% paid annually
A company has a bond outstanding that sells for 105.43% of its $100,000 par value. The bond has a coupon rate of 3.4% paid annually and matures in 16 years. What is the yield to maturity of this bond?
please show in excel
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