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practice problem thanks for help A bond has a par value of $1,000, a market price of $300, and a 9% coupon rate. It will
practice problem thanks for help
A bond has a par value of $1,000, a market price of $300, and a 9% coupon rate. It will mature in 5 . years. What is the yield to maturity of the bond? Enter your answer to two decimal places. Do not include the \% symbol. Example: if your answer is 10.22% enter 10.22 Step by Step Solution
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