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ABC company has a semiannual coupon payment bond that is currently selling of $940 and it has 5 years until maturity. The coupon rate is
ABC company has a semiannual coupon payment bond that is currently selling of $940 and it has 5 years until maturity. The coupon rate is 8% and face value is $1000. What is the YTM?
7.46% | |
8.50% | |
9.54% | |
10.58% |
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