I can buy a $2,000 bond for $150. I get $80 a year and it matures in

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I can buy a $2,000 bond for $150. I get $80 a year and it matures in 20 years. Find the YTM (interest rate).

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Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

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Posted Date: May 15, 2024 10:44 AM

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I can buy a $2,000 bond for $150. I get $80 a year and it matures in

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To find the Yield to Maturity YTM of the bond we can use the present value fo... View the full answer

Entrepreneurship

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