A three-year bond price is 102.60, the coupon rate is 6% and the bond pays interest annually,theyield-to-maturity

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A three-year bond price is 102.60, the coupon rate is 6% and the bond pays interest annually,theyield-to-maturity is closest to:

5.88%

5.04%

6.26%

Posted Date: May 11, 2024 05:11 AM

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A three-year bond price is 102.60, the coupon rate is 6% and the bond pays interest annually,theyield-to-maturity

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To calculate the yieldtomaturity YTM of a bond we can use ... View the full answer

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