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Yield to Maturity Question: Which one of these three bonds is a better buy i.e. has higher yield to maturity. Solve YTM for each bond
Yield to Maturity Question:
Which one of these three bonds is a better buy i.e. has higher yield to maturity. Solve YTM for each bond
Bond A: Maturity 10yr , Semiannual Coupon 3% (1.5% paid every 6 month), Price 81,
Bond B: Maturity 10yr, Annual Coupon 3% Price 81,
Bond C Maturity 11yr, Annual Coupon 3.5% Price 70.
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