The bond is currently selling for 106199 and has 2 years to


Consider a coupon bond that has a par value of ?$1000 and a coupon rate of 12?%. The bond is currently selling for ?$1061.99 and has 2 years to maturity. What is the? bond's yield to maturity? (YTM)?

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Financial Management: The bond is currently selling for 106199 and has 2 years to
Reference No:- TGS02395564

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