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sanimkyei sanimkyei
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8 months ago
What is the yield-to-maturity (YTM) of a four-year semi-annual pay bond with a par value of $1,000 and a 4% coupon rate when the bond is currently priced at $932.35?

▸ 5.92%

▸ 5.95%

▸ 11.90%

▸ 2.96%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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hamusa4hamusa4
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#1
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8 months ago
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sanimkyei Author
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8 months ago
Thanks
Marcie D
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Yesterday
Good timing, thanks!
jbarnett14
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2 hours ago
Correct Slight Smile TY
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