A 10 year maturity bond with a coupon rate of 4875 and face


A 10 year maturity bond with a coupon rate of 4.875% and face value of $1,000 makes semi-annual coupon payments. What is the bond's yield to maturity if the bond is selling for:

(a) 900?
(b) 1,000?
(c) 1,100?

 

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Finance Basics: A 10 year maturity bond with a coupon rate of 4875 and face
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