Question: How to calculate using the formula not in excel? Suppose a five-year bond with an 8 coupon rate and semi-annual compounding is trading for a

 How to calculate using the formula not in excel? Suppose a

How to calculate using the formula not in excel?

Suppose a five-year bond with an \8 coupon rate and semi-annual compounding is trading for a price of \\( 951.58 \\). Calculate the bond's yield to maturity (YTM) based on the expression of an annual percentage rate (APR)

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