Fiona is looking to invest in a four-year bond that pays semi-annual coupons at a coupon rate
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Fiona is looking to invest in a four-year bond that pays semi-annual coupons at a coupon rate of 5.6 percent and has a par value of $1,000. If these bonds have a market price of $1035, what yield to maturity is being implied in the pricing?
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Answer to first question in the list a of semiannuals left to maturity NPER 8 4 years x 2 As there w... View the full answer
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