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Business, 09.12.2021 02:30 kait93

Three years ago you purchased a $1,000 par bond with a 5% semi-annual coupon and 9 years to maturity at par. Today, you sold the bond at a price of $915. What was the yield to maturity when you sold the bond

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Three years ago you purchased a $1,000 par bond with a 5% semi-annual coupon and 9 years to maturity...
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