A 1000 par value 10-year bond with a 10 percent coupon rate
A $1,000 par value 10-year bond with a 10 percent coupon rate recently sold for $900. The yield to maturity is:
1. 10 percent
2. cannot be determined
3. less than 10 percent
4. greater than 10 percent
Expected delivery within 24 Hours
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a 1000 par value 10-year bond with a 10 percent coupon rate recently sold for 900 the yield to maturity is1 10 percent2
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