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Assume there is a 12-year, 9.5% semiannual coupon bond, with a par value of $1,000. The bond sells for $1,152. a. What is the bonds
Assume there is a 12-year, 9.5% semiannual coupon bond, with a par value of $1,000. The bond sells for $1,152. a. What is the bonds yield to maturity (YTM)? b. What is the bonds current yield?
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
