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Score: 0 of 1 pt 8 of 15 (11 complete) HW Score: 58.52%, 8.78 of 15 pts End-of-Chapter Exercise 21 Question Help Consider a coupon
Score: 0 of 1 pt 8 of 15 (11 complete) HW Score: 58.52%, 8.78 of 15 pts End-of-Chapter Exercise 21 Question Help Consider a coupon bond that has a par value of $1,000 and a coupon rate of 8%. The bond is currently selling for $1,018.08 and has 2 years to maturity. What is the bond's yield to maturity (YTM)? The yield to maturity is % (Round your response to one decimal place.) Enter your answer in the answer box and then click Check
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