Question: What is the YTM? explain briefly. A bond with a coupon rate of 6%, have a face value of $1000. The market price of bond

What is the YTM? explain briefly.
A bond with a coupon rate of 6%, have a face value of $1000. The market price of bond currently is $930. What is the YTM, if the bond have 4 years to maturity?
Corporate finance

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