A bond has eight years to maturity a 2000 face value and a
A bond has eight years to maturity, a $2000 face value, and a 6.0% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $1619.57?
13.30%11.40%7.60%9.50%
Now Priced at $10 (50% Discount)
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