A 530 percent coupon bond with 16 years left to maturity is


A 5.30 percent coupon bond with 16 years left to maturity is offered for sale at $945.42. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)

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Financial Management: A 530 percent coupon bond with 16 years left to maturity is
Reference No:- TGS01158806

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