Business
Business, 20.10.2021 01:00, breannaasmith1122

A 9% coupon bond has a par value of $1,000 and 18 years remaining until maturity. If the bond's price is $1065 and coupons are paid semi-annually, what is the yield-to-maturity? Enter your answer as an annualized rate in decimal form, showing four decimal places. That is, if your answer is 4.55%, enter .0455.

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A 9% coupon bond has a par value of $1,000 and 18 years remaining until maturity. If the bond's pric...

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