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Yield to maturity The Salem Company bond currently sells for $1,313 36, has a coupon inforest rate of 126 and a $1000 par value pays

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Yield to maturity The Salem Company bond currently sells for $1,313 36, has a coupon inforest rate of 126 and a $1000 par value pays interest annually, and has 10 years to maturity a Calculate the yield to maturity (YTM) on this bond b. Explain the relationship that exists between the coupon interest rate and yield to matuty and the pat value and market value of a bond a. The yield to maturity on this bond is (Round to three decimal places

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