Question: Write down the formula that is used to calculate the yield to maturity on a twenty-year 10% coupon bond with a $1,000 face value that
Write down the formula that is used to calculate the yield to maturity on a twenty-year 10% coupon bond with a $1,000 face value that sells for $2,000.
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The present value is the purchase price of 2000 The future value is the face val... View full answer
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