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The market price of a semi-annual pay bond is $968.75. It has 11.00 years to maturity and a coupon rate of 6.00%. Par value is
The market price of a semi-annual pay bond is $968.75. It has 11.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity?
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Fixed Income Analysis
Authors: Barbara S. Petitt
5th Edition
1119850541, 978-1119850540
