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What is the yield to maturity on a bond that you purchased for $875, assuming that the bond has 8 years to maturity , a
What is the yield to maturity on a bond that you purchased for $875, assuming that the bond has 8 years to maturity , a par value of $1000, and a coupon rate of 4%? the bond pays coupon interest semiannually. what would the bond price be if the yield to maturity was 6.5%?
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