Calculate the yield to maturity on a $1000 face value bond purchased for $1034.50 if it carries a…

Calculate the yield to maturity on a $1000 face value bond purchased for $1034.50 if it carries a 7.9% coupon and has 8 1/2 years remaining until maturity. View Solution:
Calculate the yield to maturity on a 1000 face value

 

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