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Consider a coupon bond that has a $1,000 par value and a coupon rate of 8%. The bond is currently selling for $1,150 and has
| Consider a coupon bond that has a $1,000 par value and a coupon rate of 8%. The bond is currently selling for $1,150 and has 9 years to maturity. What is the bonds yield to maturity as a | |||||||||||||||||
| percent to 2 decimal places? Interest is paid once a year. | |||||||||||||||||
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Mutual Fund Industry Handbook
Authors: Gremillion
1st Edition
0471736244, 978-0471736240
