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GoodMad_ GoodMad_
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7 years ago
A 10-year bond with a $1,000 face value and 6% coupon rate is currently selling in the bond market for $700. Its yield to maturity is (approximately)
A) 8.6%.
B) 10.6%.
C) 6%.
D) 7%.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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GoodMad_ Author
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#2
7 years ago
Such a smart group of people this forum has

thx
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