At&T 10 year, 6% annual coupon rate, 1,000 par value bond is selling at $1,200. Interest on
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At&T 10 year, 6% annual coupon rate, 1,000 par value bond is selling at $1,200. Interest on this bond is paid annually. Calculate both approximate yield maturity and exact yield to maturity.
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
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