What is the bonds yield to maturity for kristin
Question: Kristin just bought a bond that matures in 7 years. The bond has a par value of $1,000 and a 6.3% annual coupon. The bond's current yield is 9.04%. What's the bond's yield to maturity?
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The bond has a par value of $1,000 and a 6.3% annual coupon. The bond's current yield is 9.04%. What's the bond's yield to maturity?
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