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A coupon bond that pays interest of $100 annually has a par value $1,000, matures in 5 years, and is selling today at a $70
A coupon bond that pays interest of $100 annually has a par value $1,000, matures in 5 years, and is selling today at a $70 discount from par value. The yield to maturity on this bond is
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Financial Intelligence
Authors: Income Mastery
1st Edition
1647773210, 978-1647773212
