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Suppose you are reviewing a sheet for a bond portfolio and see the following information. These bonds have a par value of 100 and make
Suppose you are reviewing a sheet for a bond portfolio and see the following information. These bonds have a par value of 100 and make semiannual coupon payments.
Bond Annual Coupon rate Number of years Price A 6% 2 93 B 8% 3 80 C 10% 5 105
What is the yield to maturity of the bond portfolio based on the IRR calculation?
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