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My question is TIMED. No screenshot please, I need to be able to copy and paste. Big thanks! A bond currently sells for $1,000 and
My question is TIMED. No screenshot please, I need to be able to copy and paste. Big thanks!
A bond currently sells for $1,000 and has a par of $1,000. It was issued two years ago and had a maturity of 10 years. The coupon rate is 7% and the interest payments are made semiannually. What is its YTM? (Show workings)
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