Could you please provide the yield to maturity for a 21-year bond with a coupon rate of

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Could you please provide the yield to maturity for a 21-year bond with a coupon rate of 7.76 percent per annum, a par value of $1,000, and a current price of $946?

Please ensure that the answers are rounded to two decimal places and expressed in percentage format.

It is advisable to utilize either Microsoft Excel or a dedicated financial calculator for this purpose.

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ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 16, 2024 06:48 AM

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Could you please provide the yield to maturity for a 21-year bond with a coupon rate of

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To calculate the yield to maturity YTM for a bond we can use the YTM formula and ... View the full answer

Personal Finance

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