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The market price of a semi-annual pay bond is $978.26. It has 18.00 years to maturity and a coupon rate of 7.00%. Par value is
The market price of a semi-annual pay bond is $978.26. It has 18.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
