Question: Answer given, please show working out: ABC Ltd' issued ten-year bonds one year ago at a coupon rate of 4.00%. Face value : $10,000,000, half-yearly

Answer given, please show working out: ABC Ltd' issued ten-year bonds one year ago at a coupon rate of 4.00%. Face value : $10,000,000, half-yearly repayments. Yield to maturity of these bonds is ...

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