A bond has a coupon rate of 12% annual payments for a period of 20 years to

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A bond has a coupon rate of 12% annual payments for a period of 20 years to maturity.Par value of $1,000 and the bond is trading at a premium of $250 (current price of bond $1,250), the yield to maturity on the bond is:

Posted Date: May 18, 2024 07:07 PM

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A bond has a coupon rate of 12% annual payments for a period of 20 years to

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