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Business, 27.02.2020 03:28 vchery21

A bond has a par value of $1000, a coupon rate of 5%, 24.5 years remaining until maturity, and makes semi annual payments. You can currently buy the bond on the market for $1000. What is the bond's YTM

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A bond has a par value of $1000, a coupon rate of 5%, 24.5 years remaining until maturity, and makes...
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