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Suppose a bond with a 1 0 % coupon rate and semiannual coupons, has a face value of $ 1 , 0 0 0 ,

Suppose a bond with a

10 %

coupon rate and semiannual coupons, has a face value of $

1, 000, 10

years to maturity and is selling for $

1, 197.93 .

What is the YTM

?

What is the current yield? I need to see how CPT I

/

Y is calculated in EXCEL! Please only show me excel no calculator! I know correct answer but I am looking for step by step in EXCEL!

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