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Copy Format Painter 8 Merge & Center-5 . % , .g Condit Formatt | u,. 5-A- Number Font Clipboard G136 4 A EJ Corp bond carries a 9 percent coupon, paid semi-annually. The par value is $1,000, and the bond matures in 12 years. If the bond currently sells for $905.50 (PV), what is its yield to maturity? Enter PV as a negative number. Calculate equal 24 payments ($1,000* 09/2) and enter Remember the last payment is the return of principal plus PMT. Use IRR(cash flows). Payment TimePeriods Today Cash Flow PV -905.5 16 Add FV to PMT24 IRR read me Tutorial 7