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Bond outstanding with an annual interest payment of $80 Market price of $1,250 Maturity date in 10 years Assume teh par value of the bond
Bond outstanding with an annual interest payment of $80 Market price of $1,250 Maturity date in 10 years Assume teh par value of the bond if $1,000 Coupon rate = 8% Current yield = 6.4% Approximate YTM = 4.79% Exact yield to maturity?
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