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On December 16,2005 an investor buys a $35,000 face value Bell Canada, 10.35% coupon bond with a maturity date of Dec 15, 2019 for $36,453.00.
On December 16,2005 an investor buys a $35,000 face value Bell Canada, 10.35% coupon bond with a maturity date of Dec 15, 2019 for $36,453.00. Calculate the yield to maturity on this bond
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