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What is the YTM of a four-year semi-annual pay bond with a par value of $1,000 and a 4 percent coupon rate when the bond
What is the YTM of a four-year semi-annual pay bond with a par value of $1,000 and a 4 percent coupon rate when the bond is priced at $932.35?
11.90% 5.95% 5.92% 2.96%
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
