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Business, 07.04.2020 17:30 puppylove899

A. What is the yield to maturity on a bond that you purchased for $1,204, assuming that the bond has 14 years to maturity, a par value of $1,000, and a coupon rate of 5.90%? The bond pays coupon interest semiannually. (Round your answer to 4 decimal places.)

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A. What is the yield to maturity on a bond that you purchased for $1,204, assuming that the bond has...
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