Question: XYZ Corp. has a bond issue with a $ 1 , 0 0 0 par value and a 9 % coupon rate. It pays interest

XYZ Corp. has a bond issue with a $1,000 par value and a 9% coupon rate. It pays interest semi-annually and has 15 years remaining to maturity. It just made a coupon payment (i.e, it has 30 coupon payments left to make). If the current price of the bond is $1050, what is the bond's yield to maturity?
XYZ Corp. has a bond issue with a $1,000 par value

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