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Please find the yield-to-maturity (YTM) of the following bond of IOU Corp. These are the IOU Corp bond characteristics: -10 years left until maturity -A
Please find the yield-to-maturity (YTM) of the following bond of IOU Corp. These are the IOU Corp bond characteristics: -10 years left until maturity -A par value of $1,000 which will be paid at maturity -A current market price of $1,120 -Coupons of $80 per year, paid annually (thus, 10 coupons remaining) What is the yield-to-maturity (YTM) of the above IOU Corp, bond? 09.0896 8.00% 7.45% 6.3496
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