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What is the yield to maturity of a 16-year bond that pays a coupon rate of 8% per years, has a $ 1,000 par value,
What is the yield to maturity of a 16-year bond that pays a coupon rate of 8% per years, has a $ 1,000 par value, and is currently priced at $916? Round your answer to the nearest whole percent and assume semi-annual coupon payments
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Sustainable Finance And Banking
Authors: Marcel Jeucken
1st Edition
1853837660, 978-1853837661
