Business
Business, 09.11.2020 17:20, ava108

A bond has a $1,000 par value, 20 years to maturity, and an 8% annual coupon and sells for $1,110. What is its yield to maturity (YTM)?

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A bond has a $1,000 par value, 20 years to maturity, and an 8% annual coupon and sells for $1,110. W...

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