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The company has a bond outstanding with a face value of 5000 that reaches maturity in five years De Baun certificate indicates that stated coupon
The company has a bond outstanding with a face value of 5000 that reaches maturity in five years De Baun certificate indicates that stated coupon rate for the bond is 8.1% and the company payments are to be made semi annually.
Assuming that this bond trade for 5289 then the YTM For this bond is closest to
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
