Question: If you could so your work so I can understand how you got your answer that would be amazing. I will make sure to give
If you could so your work so I can understand how you got your answer that would be amazing. I will make sure to give you a thumbs up.

Question 6 A corporate bond has a face value of $1,000, and pays a $60 coupon payment every six months (i.e.: the bond has a 12% coupon rate). The bond matures in 15 years and sells at a current price of $1,000. What is the bond's nominal yield to maturity
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