Question
A municipal bond has 10 years until maturity and sells for $5,000. If the coupon rate on the bond is 4.31 percent, what is the
| A municipal bond has 10 years until maturity and sells for $5,000. If the coupon rate on the bond is 4.31 percent, what is the yield to maturity? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
| Yield to maturity | % |
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History Of Financial Institutions Essays On The History Of European Finance 1800–1950
Authors: Carmen Hofmann , Martin L. Müller
1st Edition
1138325007, 978-1138325005
