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A four-year bond has an 9 percent coupon rate and a face value of $1,000. If the current price of the bond is $937.95, calculate
A four-year bond has an 9 percent coupon rate and a face value of $1,000. If the current price of the bond is $937.95, calculate the yield to maturity of the bond (assuming annual interest payments). Multiple Choice H percent 9 percent 11 percent 7 percem
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International Finance Theory And Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Global Edition
1292238739, 978-1292238739
