A 75 coupon bond with 16 years left to maturity is offered


A 7.5 coupon bond with 16 years left to maturity is offered for sale at $834.92. What yield to maturity is the bond offering? (assume interest payments are paid semi-annually and par value is $1,000)

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Finance Basics: A 75 coupon bond with 16 years left to maturity is offered
Reference No:- TGS0610620

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