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The market price is 850 for a 10 year bond ($1000 par value) that pays 12% annual interest, but makes interest payments on a semi
The market price is 850 for a 10 year bond ($1000 par value) that pays 12% annual interest, but makes interest payments on a semi annual basis (6 percent semiannually). what is the bond yield to maturity?
% round two decimal places
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
1st Edition
0987507109, 978-0987507105
