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You have a 30-year Treasury of $1,000 face value with an annual coupon rate of 5%, which has 10.5 years left to maturity. The
You have a 30-year Treasury of $1,000 face value with an annual coupon rate of 5%, which has 10.5 years left to maturity. The price of the bond is $1,122. What is its YTM per annum? Hint: Use the "Yield to Maturity (%)" from the website:
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
