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Jax Inc. issued a 5.9% semiannual coupon bond. It is known that the face value is $1,000. 15 years till maturity. The market price of
Jax Inc. issued a 5.9% semiannual coupon bond.
It is known that the face value is $1,000. 15 years till maturity. The market price of the bond is $985.72. Calculate the bond's yield to maturity.
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
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