Solved: A bond with a face value of 1000 and 15 years remaining, Mathematics

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A bond with a face value of 1000 and 15 years remaining

Problem:

A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 10%. Calculate its yield to maturity if it is priced at $900.

Additional Information:

This problem is from Mathematics as well as it is about calculating the yield of a bond with a face value of $1000 of 15 years.

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Mathematics: A bond with a face value of 1000 and 15 years remaining

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Mathematics: A bond with a face value of 1000 and 15 years remaining

Reference No:- TGS01110568

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