Question: Ex: A $ 1 , 0 0 0 par value bond has a 7 . 5 % coupon rate with semi - annual interest payments.

Ex: A $1,000 par value bond has a 7.5% coupon rate with semi-annual interest payments. The bond has 25 years to maturity and is currently trading for $1,092.57. What is its yield to maturity?

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