Question: There is a coupon bond available with a face value of $1,000, which pays 4.15% (annual) coupons, and matures in 14 years. If this security
There is a coupon bond available with a face value of $1,000, which pays 4.15% (annual) coupons, and matures in 14 years. If this security is priced at $930.04, what yield-to-maturity does it return?
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