A 1000 par value bond with seven years left to maturity has


Question: A $1,000 par value bond with seven years left to maturity has a 9 percent coupon rate (paid semiannually) and is selling for $945.80. What is its yield to maturity?

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Finance Basics: A 1000 par value bond with seven years left to maturity has
Reference No:- TGS02427870

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