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The bonds issued by Jensen & Son bear a 4 percent coupon, payable semiannually. The bond matures in 6 years and has a $1,000
The bonds issued by Jensen & Son bear a 4 percent coupon, payable semiannually. The bond matures in 6 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity? (10 Points)
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
