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How do I find the YTM and current yield of a bond given the following information: Purchase Price: $975 Par Value: $1,000 Coupon Rate: 6%
How do I find the YTM and current yield of a bond given the following information:
Purchase Price: $975
Par Value: $1,000
Coupon Rate: 6% (paid semi-annually)
Maturity Date: 4 years from today
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