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XYZ Corporations $1,000 par value bond sells for $940, matures in four years, and has a 7% coupon rate paid semiannually. What is the bonds
XYZ Corporations $1,000 par value bond sells for $940, matures in four years, and has a 7% coupon rate paid semiannually. What is the bonds yield to maturity? Show full working.
(Answer 8.81%)
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
