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Compute the yield to maturity of a $1,500 par value bond with a coupon rate of 7.5% (quarterly payments-that is, four times per year) that
Compute the yield to maturity of a $1,500 par value bond with a coupon rate of 7.5% (quarterly payments-that is, four times per year) that matures in 25 years. The bond is currently selling for $1,265.00.
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