A semi-annual coupon bond face value is $1000, with a 6-year maturity. Its annual coupon rate...
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A semi-annual coupon bond face value is $1000, with a 6-year maturity. Its annual coupon rate is 7% and the price of the bond is $978. What is the bond's yield to maturity? A semi-annual coupon bond face value is $1000, with a 6-year maturity. Its annual coupon rate is 7% and the price of the bond is $978. What is the bond's yield to maturity?
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