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Posted on May 18, 2024

NEU bonds issued on March 8 , 2 0 2 3 have a par value of VND 1 0 0 , 0 0 0 with

NEU bonds issued on March

8, 2023

have a par value of VND

100, 000

with a term of

5

years. Bonds pay interest and principal once at maturity with coupon interest rate of

15 % /

year

.

Determine the bond's yield to maturity.

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