What is the yield to maturity of a 12-year bond that pays a coupon rate of 7.97

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What is the yield to maturity of a 12-year bond that pays a coupon rate of 7.97 percent per year, has a $1,000 par value, and is currently priced at $931? Assume annual coupon payments.

Posted Date: May 18, 2024 11:19 AM

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What is the yield to maturity of a 12-year bond that pays a coupon rate of 7.97

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