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please answer quickly! A corporate bond has a face value of $1,000, and pays a $46 coupon semiannually (that is, the bond has a 9.2
please answer quickly!
A corporate bond has a face value of $1,000, and pays a $46 coupon semiannually (that is, the bond has a 9.2 percent coupon). The bond matures in 30 years and sells at a price of $960. What is the bond's nominal yield to maturity? 9.01% 9.31% 9.91% 9.61% 10.21% Step by Step Solution
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