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Compute the yield to maturity of a 19% coupon purchased for a 970 three-year bond whose principal will be repaid in equal installments after a
Compute the yield to maturity of a 19% coupon purchased for a 970 three-year bond whose principal will be repaid in equal installments after a period of non-payment. The face value is 1 (Try 19 % first).
PLEASE SOLVE WTH TABLE AND SHOW THE FORMULA
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