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Bond XYZ was issued three years ago at par and now has exactly 7 years to live. The bond is now trading at a price
Bond XYZ was issued three years ago at par and now has exactly 7 years to live. The bond is now trading at a price above par. Which of the following variables is NOT needed to calculate the yield to maturity of this bond?
A. | The bond's coupon rate | |
B. | The bond's face value | |
C. | The current number of years to maturity, or 7 years. | |
D. | The bond's price | |
E. | The original number of years to maturity, or 10 years. |
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