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K Consider a coupon bond that has a par value of $1,100 and a coupon rate of 6%. The bond is currently selling for
K Consider a coupon bond that has a par value of $1,100 and a coupon rate of 6%. The bond is currently selling for $1,080.11 and has 2 years to maturity. What is the bond's yield to maturity (YTM)? The yield to maturity is %. (Round your response to one decimal place.)
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
