The bonds have a par value of 1000 a current price of 920
Bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000 a current price of $920 and matures in 12 years. What is the yield maturity on these bonds?
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question background john has a hedge fund in new york johns fund held a number of uk assets in its portfolio he is
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