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A corporate bond being seriously considered for purchase by Oasis for RM975 in todays market will mature 10 years from today and promises a coupon
- A corporate bond being seriously considered for purchase by Oasis for RM975 in todays market will mature 10 years from today and promises a coupon payment of 5% made semi-annually.
Given that the redemption value of this bond is RM1,000. Compute the annual yield-to-maturity (YTM) which range from 0% to 10% using the trial-and-error method.
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
