What is the yield to maturity of a 9.9 % semiannual coupon bond with a face value

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What is the yield to maturity of a 9.9 % semiannual coupon bond with a face value of $1,000 selling for $ 888.41 that matures in 9 years?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: May 10, 2024 09:03 AM

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What is the yield to maturity of a 9.9 % semiannual coupon bond with a face value

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Answer To calculate the yield to maturity YTM of a bond we need to use ... View the full answer

Introduction To Corporate Finance

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