What is the bonds yield to maturity what happens to the


A bond's market price is $750. It has $1000 par value, will mature in 8 years and has a coupon interest rate of 12% annual interest but makes no payments semiannually. What is the bond's yield to maturity? what happens to the bond's yield to maturity if the bond matures in 16 years? what if it matures in 4 years?

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