The market price is 725 for a 10 year bond 1000 par value
The market price is $725 for a 10 year bond ($1,000 PAR Value) that pays 12% annual interest, but makes interest payments on a semi-annual basis (6% semi-annually). What is the bond's yield to maturity?
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the market price is 725 for a 10 year bond 1000 par value that pays 12 annual interest but makes interest payments on a
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