A bond with a maturity of 12 years sells for 1068 if the, Ask an Expert

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A bond with a maturity of 12 years sells for $1,068. If the coupon rate is 10.2 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Yield to maturity %

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Financial Management, Finance

Category:- Financial Management
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