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Consider a 4-year bond with a face value $1000, coupon rate 5%, and initial price P0=$965.35. What is the yield to maturity?
Consider a 4-year bond with a face value $1000, coupon rate 5%, and initial price P0=$965.35.
What is the yield to maturity?
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
