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You collect the following information for Bond 54, which makes annual payments. Calculate the YTM for Bond 54 Price: $1020 Par Value: $1000 Coupon rate:
You collect the following information for "Bond 54", which makes annual payments. Calculate the YTM for "Bond 54"
- Price: $1020
- Par Value: $1000
- Coupon rate: 6.25%
- Maturity: 11 years
Group of answer choices
a. 6.00%
b. 6.12%
c. 6.25%
d. 6.38%
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Risk Management And Financial Institutions
Authors: John C. Hull
3rd Edition
1118269039, 9781118269039
