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Can someone explain how to solve this with the formula A corporate bond with a face value of $1,000 matures in 4 years and has
Can someone explain how to solve this with the formula
A corporate bond with a face value of $1,000 matures in 4 years and has an 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond
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