If the bond has an annual interest rate of 11 persent but
Question
A 16 year bond has a market price of 1025$ and a par value of 1000. if the bond has an annual interest rate of 11 persent but pays interest zemiannually, what is the bonds yield to maturity?
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questiona 16 year bond has a market price of 1025 and a par value of 1000 if the bond has an annual interest rate of 11
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