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What is the yield to maturity of a 23-year bond that pays a coupon rate of 8.25% per year, has a $1,000 par value ,
What is the yield to maturity of a 23-year bond that pays a coupon rate of 8.25% per year, has a $1,000 par value , and is currently priced at $1,298.05?
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To calculate the yield to maturity YTM of a bond we need to use the bonds coupon rate par value curr...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
