Question: please solve step by step with formula . without financial calculator What is the yield to maturity (YTM) on a 10 -year, 9% annual coupon,
please solve step by step with formula . without financial calculator
What is the yield to maturity (YTM) on a 10 -year, 9% annual coupon, $1,000 par value bond that a) sells for $909.75 b) sells for $1,103 c) What is the current yield, the capital gains yield, and the total return in each case above
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