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Analyze the 15-year, 5.5% coupon rate (annual payment), $1,000 par value bond. The bond currently sells for $1,318. Whats the bonds yield to maturity? 5.36%
Analyze the 15-year, 5.5% coupon rate (annual payment), $1,000 par value bond. The bond currently sells for $1,318. Whats the bonds yield to maturity?
5.36% | ||
5.68% | ||
2.86% | ||
3.85% |
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