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please show how to solve this question using an excel function Group 17 What is the yield of a 20-year 8% annual coupon bond that
please show how to solve this question using an excel function
Group 17 What is the yield of a 20-year 8% annual coupon bond that is paid semiannually, and has a face value of $1,000 and selling for $900? A. 7.02% B. 4.28% C. -12.34% i 4% D. 9.09% n 40 E. 13.45% Face $1,000 PV -$900 PMT Semi Annual Rate Annual YieldStep by Step Solution
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