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Walmart Inc. issued a $2000 par value bond few years ago with a coupon rate of 8 percent, paid semiannually. The bond has now four
Walmart Inc. issued a $2000 par value bond few years ago with a coupon rate of 8 percent, paid semiannually. The bond has now four years remaining to maturity and is selling at a price of $2090. The interest rates fell after the bonds were issued. Find the yield to maturity these bonds offer. Explain with detail and please write on blank page.
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