A Discount Bond with Face Value (Par Value) of $1,000 that makes no Coupon Payments and matures

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A Discount Bond with Face Value (Par Value) of $1,000 that makes no Coupon Payments and matures in five years is currently trading for a price of $850. What is this bond's yield to maturity?

Posted Date: May 18, 2024 07:13 AM

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A Discount Bond with Face Value (Par Value) of $1,000 that makes no Coupon Payments and matures

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