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Suppose the government issues a 10-year zero-coupon bond with a FV of $1,000. The initial price is set at $475.50. What is the YTM (yield
Suppose the government issues a 10-year zero-coupon bond with a FV of $1,000. The initial price is set at $475.50. What is the YTM (yield to maturity) of this bond?
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To calculate the yield to maturity YTM of a zerocoupon bond we can use the formula YTM Face V...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
