annarivero5905 annarivero5905

20-02-2024
Business

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Compute the yield to maturity (YTM) of a 10-year, $1,000 par bond with an 8% coupon rate that makes semi-annual coupon payments given that its current price is $925.
a) 7.04%
b) 7.68%
c) 8.56%
d) 9.20%

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