The bonds have a 1000 par value and the coupon rate is 10
Question
IBM's bonds have 5 years remaining to maturity. Coupons are paid semi-annually.
The bonds have a $1,000 par value, and the coupon rate is 10%. The current price of the bonds is $850. What is their yield to maturity?
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questionibms bonds have 5 years remaining to maturity coupons are paid semi-annuallythe bonds have a 1000 par value and
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