A bond has a current yield of 8 a coupon rate of 7 a face


A bond has a current yield of 8%, a coupon rate of 7%, a face value of $1,000 and matures in 10 years. What is its Yield to Maturity?

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Finance Basics: A bond has a current yield of 8 a coupon rate of 7 a face
Reference No:- TGS0601027

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