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Consider the following bond: a $1,000 20-years bond that pays annual payments at a rate of 10%. Calculate the yield to maturity if the bond
Consider the following bond: a $1,000 20-years bond that pays annual payments at a rate of 10%. Calculate the yield to maturity if the bond is currently priced at $957.14
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
