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Suppose that the bond described in the previous two problems (repeated below) has a price of S1,100 five years after it is issued. What is
Suppose that the bond described in the previous two problems (repeated below) has a price of S1,100 five years after it is issued. What is the yield to maturity at that time? A corporation issues a bond today with a $1.000 face value, maturity in 25 years, and an 8% coupon interest rate, interest is paid annum
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