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A corporation has an outstanding bond with the following

A corporation has an outstanding bond with the following characteristics:

Coupon rate = 6.0%
Interest payments - Semi-annually
Face value = $1,000
Years to maturity = 20
Current market value = $1,054.88

Find the yield to maturity (YTM) for this bond.

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Finance Basics: A corporation has an outstanding bond with the following

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Finance Basics: A corporation has an outstanding bond with the following

Reference No:- TGS02928223

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