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Hello, I am a currently a college student taking a finance course. I want to understand how to solve a YTM problem when solving for
Hello, I am a currently a college student taking a finance course. I want to understand how to solve a YTM problem when solving for the price of the bond. So the problem gives the face value, coupon/interest payment, the number of years to maturity and the year to maturity. The question is asking for the price or how much am i going to pay for the bond. How should I solve that?
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