A bond will mature in 19 years. The bond is currently selling for $1100 and has a
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A bond will mature in 19 years. The bond is currently selling for $1100 and has a coupon rate of 4%. The bond has a par value of $1000. What is the yield to maturity of this bond? Please answer in percentage and do not use calculator or excel, show calculations, thank you!
Related Book For
Hydrology and Floodplain Analysis
ISBN: 978-0132567961
5th edition
Authors: Philip B. Bedient, Wayne C. Huber, Baxter E. Vieux
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