Question: I NEED HELP ASAP!!! Please use EXCEL I WILL RATE! Thank you so much! :) You are looking at a bond that has 30 years
I NEED HELP ASAP!!! Please use EXCEL
I WILL RATE!
Thank you so much! :)

You are looking at a bond that has 30 years to maturity. The coupon rate is 8% and coupons are paid semiannually. The current price is $950. What is the yield to maturity? Is it a premium bond or a discount bond
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