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Business, 12.03.2020 00:01 exiZT7535

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 percent. The bond sells for $1,066.57 and matures in 22 years. The par value is $1,000. What is the YTM of the bond?

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Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 p...
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