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Consider a coupon bond that has a $1,000 par value and a coupon rate of 12% The bond is currently selling for $1,280 and has
Consider a coupon bond that has a $1,000 par value and a coupon rate of 12% The bond is currently selling for $1,280 and has 12 years to maturity. What is the bonds yield to maturity?
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
