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Problem 7 - 2 7 Yield to Maturity ( LG 7 - 6 ) A 7 . 3 5 percent coupon bond with 2 0
Problem Yield to Maturity LG
A percent coupon bond with years left to maturity is offered for sale at $ What yield to maturity is the bond offering? Assume interest payments are semiannual.Round your answer to decimal places.
Answer is complete but not entirely correct.
Yield to maturity
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