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bond has $1,000 face value, 25 years to maturity, 3.6% annual coupon rate. The bonds current price is $948.92. Assuming the bond pays coupons semiannually,
bond has $1,000 face value, 25 years to maturity, 3.6% annual coupon rate. The bonds current price is $948.92. Assuming the bond pays coupons semiannually, what is the bonds yield to maturity (YTM)?
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1st Edition
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