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QUESTION 1 What is the YTM of a 5.0% annual coupon with a $1,000 face vlaue, which matures in 3 years? The market price is
QUESTION 1
What is the YTM of a 5.0% annual coupon with a $1,000 face vlaue, which matures in 3 years? The market price is $1,081.95.
| a. | 1.08% | |
| b. | 2.05% | |
| c. | 2.15% | |
| d. | 5.00% |
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
