Question: Return toc There is a coupon bond available with a face value of $1.000, which pays 4.625% (annual) coupons, and matures in 18 years. If
Return toc There is a coupon bond available with a face value of $1.000, which pays 4.625% (annual) coupons, and matures in 18 years. If this security is priced at $1,059.41, what yield-to-maturity does it return? (The answer is a percent, round your answer to two decimal places, eg. 4.75) Numeric Response 35
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