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A coupon bond that pays interest of $120 annually has a par value of $1000, matures in 5 years, and is selling today at a
A coupon bond that pays interest of $120 annually has a par value of $1000, matures in 5 years, and is selling today at a $65 discount from par value. What is the yield to maturity of the bond?
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
