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A government bond is currently selling for $1,100 and pays $70 per year in interest for 10 years when it matures. If the redemption value
- A government bond is currently selling for $1,100 and pays $70 per year in interest for 10 years when it matures. If the redemption value of this bond is $1,000, what is its yield to maturity if purchased today for $1,100?
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann, Francesco Fabozzi
9th Edition
1260473899, 978-1260473896
