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chapter 7 question 16 A 5.40 percent coupon bond with 17 years left to maturity is offered for sale at $955.62. What yield to maturity
chapter 7 question 16
A 5.40 percent coupon bond with 17 years left to maturity is offered for sale at $955.62. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
Yield to maturity | % |
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