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Homework answers / question archive / A bond that has an 8% coupon and makes semi?annual payments has a $1,000 face value and 10 years to maturity

A bond that has an 8% coupon and makes semi?annual payments has a $1,000 face value and 10 years to maturity

Finance

A bond that has an 8% coupon and makes semi?annual payments has a $1,000 face value and 10 years to maturity. It is currently selling for $770.60. Find this bond’s yield?to?maturity.

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