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What is the yield to maturity on a bond that features: Face Value is $1,000 Coupon Rate is 6% Time to Maturity is 9 years
What is the yield to maturity on a bond that features:
Face Value is $1,000 Coupon Rate is 6% Time to Maturity is 9 years Price is $1,116
Interest is paid semiannually.
Please include steps to solve using a financial calculator
5.24% a)
4.07% b)
4.42%. c)
5.09%. d)
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