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FGH Corp. has a bond with a par value of $2,000 that sells for $2,133.14. The bond has a coupon rate of 6.78 percent and
FGH Corp. has a bond with a par value of $2,000 that sells for $2,133.14. The bond has a coupon rate of 6.78 percent and matures in 22 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
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1st Edition
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