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Compute the yield to maturity on the bond at the time of the sale, remembering that the bond now has only 4 years left to
Compute the yield to maturity on the bond at the time of the sale, remembering that the bond now has only 4 years left to maturity. Use $1000 as face. Solve on a financial calculator the equivalent of: $70PVAF(4,x%)++1+x)4$1000=$948.67togetytm:x=
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