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What is the yield to maturity (YTM) of a zero coupon bond with a face value of $1,000, current price of $730 and maturity of
What is the yield to maturity (YTM) of a zero coupon bond with a face value of $1,000, current price of $730 and maturity of 9.0 years?
Recall that the compounding interval is 6 months and the YTM, like all interest rates, is reported on an annualized basis.
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Financial Regulation In The Global Economy
Authors: Richard J. Herring , Robert E. Litan
1st Edition
