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Hello, Can you answer this question? 10-year 12% coupon bond that pays interest annually is currently selling for $1.083. what is the yield to maturity
Hello,
Can you answer this question?
10-year 12% coupon bond that pays interest annually is currently selling for $1.083. what is the yield to maturity (YTM) of the bond? [The face value of the bond is $1,000]
thanks,
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