Calculate the nominal yield to maturity, to the nearest 0.01%, on a bond purchased for $1034.50 if ...

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Calculate the nominal yield to maturity, to the nearest 0.01%, on a bond purchased for $1034.50 if ...

Calculate the nominal yield to maturity, to the nearest 0.01%, on a bond purchased for $1034.50 if it carries a 7.9% coupon and has 8½ years remaining until maturity.

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Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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