(Yield to maturity) A bond's market price is $900. It has a $1 comma 0001,000 par value, will mature in 1414 years, and has a coupon interest rate of 1111 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to maturity? What happens to the bond's yield to maturity if the bond matures in 2828 years? What if it matures in 77 years?
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(Yield to maturity) A bond's market price is $900. It has a $1 comma 0001,000 par value, will mature...
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