Question a corporate bond with a face value of 1000 matures, Ask an Expert

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Question: A corporate bond with a face value of $1,000 matures in 4 years and has a 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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