You just purchased a bond that matures in 5 years the bond
Question: You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8 percent annual coupon. The bond has a current yield of 8.21 percent. What is the bond's yield to maturity?
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question you just purchased a bond that matures in 5 years the bond has a face value of 1000 and has an 8 percent
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