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(Yield to maturity) Assume the market price of a 6 -year bond for Margaret Inc. is $1,125, and it has a par value of $1,000.
(Yield to maturity) Assume the market price of a 6 -year bond for Margaret Inc. is $1,125, and it has a par value of $1,000. The bond has an annual interest rate of 8% that is paid semiannually. What is the yield to maturity of the bond? The yield to maturity of the bond is \%. (Round to two decimal places.) Step by Step Solution
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Stock Market Investing Playbook
Authors: David Reese
1st Edition
1951595270, 978-1951595272
