Compute the yield to maturity of a 19% coupon purchased for a 970$ three-year bond whose principal

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Compute the yield to maturity of a 19% coupon purchased for a 970$ three-year bond whose principal will be repaid in equal installments after a period of non-payment. The face value is 1$ ( Try 19 % first).

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Apr 14, 2021 09:17 AM

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Compute the yield to maturity of a 19% coupon purchased for a 970$ three-year bond whose principal

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Fundamentals of Corporate Finance

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