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Problem 7-28 Yield to Maturity (LG7-6) A 5.90 percent coupon bond with 17 years left to maturity is offered for sale at $936.32. What yield
Problem 7-28 Yield to Maturity (LG7-6)
A 5.90 percent coupon bond with 17 years left to maturity is offered for sale at $936.32. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) |
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