Suppose the following bond quote for the beta company, Ask an Expert

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Suppose the following bond quote for the Beta Company appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2009. What is the yield to maturity on this bond?

Coupon - 9.595
Maturity - April 15, 2023
Last Price - 76.915
EST Spread - 431
UST - 10

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Category:- Basic Finance
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