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A bond has a coupon rate of 6%, matures in 6 years, and currently sells for $1,000 (par value). ...
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A bond has a coupon rate of 6%, matures in 6 years, and currently sells for $1,000 (par value). ...
A bond has a coupon rate of 6%, matures in 6 years, and currently sells for $1,000 (par value). Therefore the yield to maturity is also 6%.
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Textbook
Fundamentals of Investing
Edition:
14
th
Authors:
Zutter, Smart
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