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I need help solving this problem A bond has an annual coupon rate of 4.2%, a face value of $1,000, a price of $960.82, and
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A bond has an annual coupon rate of 4.2%, a face value of $1,000, a price of $960.82, and matures in 10 years. Part 1 Attempt 1/10 for 10 pts. What is the bond's YTM Step by Step Solution
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The Finance Book
Authors: Stuart Warner, Si Hussain
1st Edition
1292123648, 978-1292123646
