A bond with a maturity of 14 years sells for $1,088. If the coupon rate is 7.2

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A bond with a maturity of 14 years sells for $1,088. If the coupon rate is 7.2 percent, what is the yield to maturity of the bond?

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Posted Date: Apr 27, 2024 07:36 AM

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A bond with a maturity of 14 years sells for $1,088. If the coupon rate is 7.2

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Answer To calculate the yield to maturity YTM of a b... View the full answer

Fixed Income Analysis

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