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You have a bond that has a Face Value of $100 and coupon rate of 3.5% paid semi-annually and maturity in 8 years. The price
You have a bond that has a Face Value of $100 and coupon rate of 3.5% paid semi-annually and maturity in 8 years. The price of the bond is $102.40. What is its YTM? [You can use the Excel YIELD function. Enter your answer as a %, that is if you answer is 3.29%, you should enter 3.29
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
