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Let's assume that the coupon interest on a new issue of bonds is 14% on a 100 par value bond for 16 years at a

Let's assume that the coupon interest on a new issue of bonds is 14% on a 100 par value bond for 16 years at a current cost of 1139.67. What is the YTM?

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The Yield to Maturity YTM is the annual rate of return an investor can expect to receive if the bond ... blur-text-image

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