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You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8% semiannual coupon. The
You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8% semiannual coupon. The bond sells for 978. What is the bonds yield to maturity?
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Introduction To Financial Technology
Authors: Roy S. Freedman
1st Edition
0123704782, 9780123704788
