Question: A bond has three years to maturity, a $2,000 face value, and a 5.9% coupon rate with annual coupons. What is its yield to
A bond has three years to maturity, a $2,000 face value, and a 5.9% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $1,812?
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The yield to maturity YTM of a bond is the annualized rate of return an investor can expect to recei... View full answer
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