If coupon payments are semiannual and the bond is currently


Assume that you are interested in a 4.25 percent coupon corporate bond that has tthirty years left to maturity. If coupon payments are semiannual, and the bond is currently selling for $1,075, what is the yield you could expect on this bond if you held it until it matures?

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Mathematics: If coupon payments are semiannual and the bond is currently
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