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A 14-year 9% coupon bond is currently priced at $950.00 and has a par value of $1,000. Interest is paid semiannually.
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Question

A 14-year 9% coupon bond is currently priced at $950.00 and has a

par value of $1,000. Interest is paid semiannually. Find the yield to maturity

Step-by-step answer

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Subject: Business, Finance

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