oA 6.50 percent coupon bond with 18 years left to maturity is offered for sale at $1,035.25.

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oA 6.50 percent coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is the bond offering?Assume interest payments are paid semi-annually, and solve using semi-annual compounding.

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Posted Date: May 18, 2024 01:18 PM

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oA 6.50 percent coupon bond with 18 years left to maturity is offered for sale at $1,035.25.

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