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What is the YTM on a 4-year bond that pays $50 semiannually and has a current price of $1,087.52? Assume the face value is $1,000
What is the YTM on a 4-year bond that pays $50 semiannually and has a current price of $1,087.52? Assume the face value is $1,000 and that there is exactly six months before the first interest payment.
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