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What is the bond's yield to maturity? Enter your answer as a decimal.Intro A bond has a 1 2 % coupon rate with semi -

What is the bond's yield to maturity? Enter your answer as a decimal.Intro

A bond has a

12 %

coupon rate with semi

-

annual coupons and matures in

9

years.

The bond has a $

1, 000

face value and a current yield of

13.34 % .

What is the bond's yield to maturity? Enter your answer as a decimal.

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