The Treasury plans to issue a 2-year maturity coupon bond, paying coupons once per year with a

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The Treasury plans to issue a 2-year maturity coupon bond, paying coupons once per year with a coupon rate of 9%. The bond has a face value of $1,000 but is selling at a price of $1,0186 Its yield to maturity (YTM) is?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Posted Date: May 13, 2021 07:45 PM

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The Treasury plans to issue a 2-year maturity coupon bond, paying coupons once per year with a

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Fundamentals of Investment Management

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