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Why answer YTM is 3.34%? Not 3.31%? 6. Bond Yields of its 100,000 par value. The bond has a coupon rate of 2.8 percent paid

Why answer YTM is 3.34%? Not 3.31%?

6. Bond Yields of its 100,000 par value. The bond has a coupon rate of 2.8 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? A Japanese company has a bond outstanding that sells for 92 percent

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