A 590 percent coupon bond with 17 years left to maturity is


A 5.90 percent coupon bond with 17 years left to maturity is offered for sale at $936.32. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)

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Financial Management: A 590 percent coupon bond with 17 years left to maturity is
Reference No:- TGS02288998

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