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QUESTION 5 A coupon bond that pays interest of $30 annually has a par value of $1000, matures in 4 years, and is selling today
QUESTION 5 "A coupon bond that pays interest of $30 annually has a par value of $1000, matures in 4 years, and is selling today at $910. The yield to maturity on this bond is Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05
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