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Consider the following bond issued by Halliburton: coupon rate: 5.125%; coupons are paid semi-annually face value: $1,000 26 semi-annual periods until maturity Price on the
Consider the following bond issued by Halliburton:
coupon rate: 5.125%; coupons are paid semi-annually
face value: $1,000
26 semi-annual periods until maturity
Price on the bond: $784
What is the yield-to-maturity?
a. | 3.899% |
b. | 7.798% |
c. | 6.942% |
d. | 5.125% |
e. | 13.883% |
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