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Yield to maturity The Salem Company bond currently sells for $1,090.93, hos a coupon interest rate of 12% and a $1000 par value, pays interest

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Yield to maturity The Salem Company bond currently sells for $1,090.93, hos a coupon interest rate of 12% and a $1000 par value, pays interest way, and has 10 years to maturty. Calculate the yield to maturity (YTM) on this bond b. Explain the relationship that exists between the coupon interest rate and yield to maturity and the per value and market value of a bond a. The yield to mounty on this bords ) (Round to toe decimal places)

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