What is the yield to maturity for a $1,000 face value 8% semi-annual corporate coupon bond...
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What is the yield to maturity for a $1,000 face value 8% semi-annual corporate coupon bond that has 7 years until maturity and sells for $1,284? (rounded % to three places after the decimal) What is the yield to maturity for a $1,000 face value 8% semi-annual corporate coupon bond that has 7 years until maturity and sells for $1,284? (rounded % to three places after the decimal)
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The yield to maturity YTM is the annualized rate of return an investor can expect to earn if they ho... View the full answer
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