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B corporation has a 9 year bonds, which has a 6% coupon rate and is paid annually. If the bond's price is $850. What is
B corporation has a 9 year bonds, which has a 6% coupon rate and is paid annually. If the bond's price is $850. What is the YTM?
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
