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how to solve using a ba calculator Suppose the US government just issued a $1,000 PAR value coupon bond today. This bond will mature in
how to solve using a ba calculator 
Suppose the US government just issued a $1,000 PAR value coupon bond today. This bond will mature in 9 years from today. This Bond's annual coupon rate is 3%. Coupons are paid 2 time(s) in a year. The Bond is currently trading at $1038.32. What is the Yield to Maturity (YTM) of this Bond? In other words, what is the return on investment for the bond investor? Enter your answer in the following format: 0.1234 Hint: Answer is between 0.0224 and 0.0272 Step by Step Solution
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American Commerce And Finance
Authors: Henry Rand Hatfield
1st Edition
1176176927, 9781176176928
