What is the yield to maturity of a 13-year bond that pays a, Financial Management

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What is the yield to maturity of a 13-year bond that pays a

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What is the yield to maturity of a 13-year bond that pays a coupon rate of 7.83 percent per year, has a $1,000 par value, and is currently priced at $1, 483? Assume annual coupon payments. You should use Excel or financial calculator.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: What is the yield to maturity of a 13-year bond that pays a

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