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(Yield to maturity) Assume the market price of a 5-year bond for Margaret Inc. is $875, and it has a par value of $1000 The
(Yield to maturity) Assume the market price of a 5-year bond for Margaret Inc. is $875, and it has a par value of $1000 The bond has an annual interest rate of 7% that is paid semiannually. What is the yield to maturity of the bond? %. (Round to two decimal places.)
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The Value Investor's Handbook
Authors: Andrew P.C.
1st Edition
1098810449, 978-1098810443
