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Using Excel, find the market yield for a bond assuming the following details. Settlement Date 10/19/2022 Maturity Date 1/15/2027 Notional Amount 300,000,000 Coupon Rate 4.500%
Using Excel, find the market yield for a bond assuming the following details.
| Settlement Date | 10/19/2022 | ||
| Maturity Date | 1/15/2027 | ||
| Notional Amount | 300,000,000 | ||
| Coupon Rate | 4.500% | ||
| Redemption Price | 100 | ||
| Market Price | 97 | ||
| Basis | 0 | ||
Group of answer choices
2.546%
5.850%
2.220%
5.298%
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
