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(Please use a math, finance equation and/ or formula. DONT USE A SHEET CHART, EXCEL, OR GRAPH) 2) What is the YTM (yield to maturity)
(Please use a math, finance equation and/ or formula. DONT USE A SHEET CHART, EXCEL, OR GRAPH)
2) What is the YTM (yield to maturity) of a 5-year bond with a 5% annual coupon, $1,000 par value, that currently sells for $800?
18.45
4.88
10.32
15.83
7.34
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