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The Tigar Corporation just issued a 25-year semi-annual pay bond. The face value of the bond is $1,100 and the coupon rate is 4%. The
The Tigar Corporation just issued a 25-year semi-annual pay bond. The face value of the bond is $1,100 and the coupon rate is 4%. The bond's current price is $1175. Calculate the YTM.
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Research Methods Statistics and Applications
Authors: Kathrynn A. Adams, Eva Marie K. Lawrence
1st edition
1452220182, 978-1452220185
