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calulate without using excel 7. You can purchase a bond today with a remaining term of 7 years for $968.43. It has a coupon rate
calulate without using excel 
7. You can purchase a bond today with a remaining term of 7 years for $968.43. It has a coupon rate of 8.5%. Dividends will be paid annually. What will your yield to maturity be if you decide to purchase? n=7i=?9.13%PV=($968.43)PMT=$85FV=$1,000.00 Step by Step Solution
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Challenging Global Finance
Authors: Elizabeth Friesen
2012th Edition
0230348793, 978-0230348790
