A $18,000 face value bond matures on August 3, 2024, and carries a coupon of 6.55%. It

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A $18,000 face value bond matures on August 3, 2024, and carries a coupon of 6.55%. It is sold on February 3, 2009, for $20,557.32. Determine the yield to maturity?

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Posted Date: Dec 10, 2020 07:31 AM

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A $18,000 face value bond matures on August 3, 2024, and carries a coupon of 6.55%. It

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Investments Analysis and Management

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