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Mass company bonds have 5 years left to maturity. Interest is paid annually, and bonds have $1000 par value and 8% coupon rate. What is
Mass company bonds have 5 years left to maturity. Interest is paid annually, and bonds have $1000 par value and 8% coupon rate. What is YTM at a current price of $930?
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
