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Compute the yield to maturity for a zero coupon bond with a maturity of 9 years and a face value of $1000. The bond
Compute the yield to maturity for a zero coupon bond with a maturity of 9 years and a face value of $1000. The bond is selling for $679.08. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34) Answer:
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To compute the yield to maturity YTM for a zero coupon bond you can use th...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
