tylerhale7689 tylerhale7689

24-05-2023
Business

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Solve this question using the formula:
P=(C/(1+i)^n )+ (FV/(1+i)^n)
Consider a coupon bond that has a $900 par value and a coupon rate of 6%. The bond is currently selling for $860.15 and has two years to maturity. What is the bond's yield to maturity?

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