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YTM with Annual Coupons Consider a bond with a 10% annual coupon rate, 15 years to maturity, and a par value of $1,000. The
YTM with Annual Coupons Consider a bond with a 10% annual coupon rate, 15 years to maturity, and a par value of $1,000. The current price is $928.09. - - Will the yield be more or less than 10%? - N = 15; PV = -928.09; FV = 1,000; PMT = 100 CPT I/Y = 11%
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
