A 30-year 5.000% semi-annual coupon bond has a current price of 103.212% of PAR. If the tenor

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A 30-year 5.000% semi-annual coupon bond has a current price of 103.212% of PAR. If the tenor of the bond is 16 years.

What must the yield to maturity be?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Jul 03, 2023 03:10 AM

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A 30-year 5.000% semi-annual coupon bond has a current price of 103.212% of PAR. If the tenor

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Foundations of Financial Management

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