Question: How to solve this problem in excel? A 20-year, 9.00% semi-annual coupon bond with a face value of $1,000 is selling for $914.20. The yield
How to solve this problem in excel?
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A 20-year, 9.00% semi-annual coupon bond with a face value of $1,000 is selling for $914.20. The yield to maturity of the bond is closest to: A. 8%.B. 9%. C. 10%.
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