Question: please answer Question 7 20 pts Assume a bond has the following features: Coupon rate 6% - paid semiannually Face Value $1,000 Time to maturity
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Question 7 20 pts Assume a bond has the following features: Coupon rate 6% - paid semiannually Face Value $1,000 Time to maturity 4 years Market price = $975 What is the bond's YTM on an annual basis? O 6.73% O 6.72% O 3.36% 13.47%
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