A bond sells for 94115 and has a coupon rate of 780 percent, Financial Management

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A bond sells for 94115 and has a coupon rate of 780 percent

A bond sells for $941.15 and has a coupon rate of 7.80 percent. If the bond has 21 years until maturity, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: A bond sells for 94115 and has a coupon rate of 780 percent

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Financial Management: A bond sells for 94115 and has a coupon rate of 780 percent

Reference No:- TGS0984772

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