A bond is currently selling in the market for $928.62. It has a coupon of 10% and

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A bond is currently selling in the market for $928.62. It has a coupon of 10% and  10-year maturity. Using annual compounding, calculate the yield to maturity on this bond.

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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