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Homework answers / question archive /  What is the yield to maturity (total yield) on a $1,000 bond selling for 113

 What is the yield to maturity (total yield) on a $1,000 bond selling for 113

Finance

 What is the yield to maturity (total yield) on a $1,000 bond selling for 113.42 if the bond has a coupon rate of 9% and matures in ten years?

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