aloonzogouldsr3185 aloonzogouldsr3185

10-03-2022
Business

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Consider a coupon bond with $1000 face value, 10% coupon rate, 5 years of maturity selling for $700. The yield to maturity is

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estherobianke2021 estherobianke2021

10-03-2022

Answer:

The approximate yield to maturity is 9.43%.

Explanation:

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