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Business, 06.04.2020 07:23 janny48

A 5.5%, 5-year bond with semi-annual coupon payments and a face value of $1,000 has a market price of $1,032.19. Assume that the next coupon payment is exactly six months away. What is the yield-to-maturity of the bond?

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A 5.5%, 5-year bond with semi-annual coupon payments and a face value of $1,000 has a market price o...
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