Find the yield to maturity of the bond. It is a 12% bond with the face value

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Find the yield to maturity of the bond.

It is a 12% bond with the face value of $1000. It has 7 years left to maturity, currently selling for $1208.25. Interest is paid annually.

Related Book For answer-question

Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Posted Date: Jun 03, 2023 08:05 AM

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Find the yield to maturity of the bond. It is a 12% bond with the face value

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YTM C F P n F P 2 Where YTM is the yield to maturity C is ... View the full answer

Introduction to Operations Research

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