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Campus Company has a bond with a par value of $1,000 that sells for $1,055.02. The bond has a coupon rate of 6.75 percent and
Campus Company has a bond with a par value of $1,000 that sells for $1,055.02. The bond has a coupon rate of 6.75 percent and matures in 21 years. If the bond makes semiannual coupon payments, what is the YTM of the Campus Company bond
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
4th International Edition
013284298X, 9780132842983
