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answer this M/s. Marutham Investment Bond, 2013 was issued in January 2014, with a maturity period of 2 years. With a coupon payment of 7%
answer this M/s. Marutham Investment Bond, 2013 was issued in January 2014, with a maturity period of 2 years. With a coupon payment of 7% per annum made every 6 months with face value of 100. What is the YTM for the bond, if the prevailing market price was 84 as at January 2014?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
