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Please help me with this question (Yield to maturity) Assume the market price of a 9-year bond for Margaret Inc. is $1,025, and it has
Please help me with this question
(Yield to maturity) Assume the market price of a 9-year bond for Margaret Inc. is $1,025, and it has a par value of $1,000. The bond has an annual interest rate of 6% that is paid semiannually. What is the yield to maturity of the bond? .... The yield to maturity of the bond is%. (Round to two decimal places.)Step by Step Solution
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