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A corporate bond has a face value of $1,000, and pays a $30 coupon every six months. The bond matures in 13 years and sells

A corporate bond has a face value of $1,000, and pays a $30 coupon every six months. The bond matures in 13 years and sells at a price of $1,080. What is the bonds nominal yield to maturity?

TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW YOUR N I PV PMT FV BELOW. ALSO, YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT ANSWER.

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A corporate bond has a face value of $1,000, and pays a $30 coupon every six months. The bond matures in 13 years and sells at a price of $1,080. What is the bond's nominal yield to maturity? TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW YOUR N IPV PMT FV BELOW. ALSO, YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT

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