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Find the yield to maturity of a par $10,000 bond selling at $9,800 with semiannual coupon payments equal to $280 and maturing in 8years. State
Find the yield to maturity of a par $10,000 bond selling at $9,800 with semiannual coupon payments equal to $280 and maturing in 8years. State the formula and substitute the figures in to the formula to derive the correct answer if possible?
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