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Q14. Find the yield to maturity of the following securities: A security paying $1,000 in one year, for which you pay $926 today. A security
Q14. Find the yield to maturity of the following securities:
- A security paying $1,000 in one year, for which you pay $926 today.
- A security paying $80 one year from now and $1,080 two years from now, for which you pay $1,050 today.
- A security paying $50 every six months for the next five years (beginning six months from now), plus the return of the face value of $1,000 at the end of the five years, for which you pay $1,000 today.
Please include solutions, not the ones already posted (Not correct). Thank you.
- A security paying $50 every six months for the next five years (beginning six months from now), plus the return of the face value of $1,000 at the end of the five years, for which you pay $1,000 today.
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