A bon with value of 1000 has 16 years until maturity


A bon with value of 1,000 has 16 years until maturity, carries a coupon rate of 5.8%, and sells for 1,109. What is the Yield to maturity?

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Finance Basics: A bon with value of 1000 has 16 years until maturity
Reference No:- TGS02834575

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