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Yield to maturity: The relation between a bond's yield to maturity and coupon interest rate can be used to predicts its pricing level. For each
Yield to maturity: The relation between a bond's yield to maturity and coupon interest rate can be used to predicts its pricing level. For each of the bonds listed, state whether the price of the bond will be at a premium to par, at par at a discount pair. Yield to maturity: The Salem company bond currently sells for $955, has 12% coupon interest rate and a $1,000 per value, pays interest manually, and has 15 years to maturity. Calculate the yield to maturity(YTM on this bond
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