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Let us say an Investor has a bond that has 4 years left to maturity. - Interest paid semi-annually - Has $1,000 par value Coupon
Let us say an Investor has a bond that has 4 years left to maturity. - Interest paid semi-annually
- Has $1,000 par value
Coupon Interest Rate = 9%
Current price of bond: $851
PLEASE FIND YIELD to MATURITY THAT WILL BE REALIZED ON BOND
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