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A bond has a coupon of 6%. It has a face value of $100. It pays interest semiannually. The bond was issued on March 18th, 2013. The settlement date is March 21st, 2013. The maturity date is 3/23/2023. The first interest payment is June 18th, 2013. The redemption of the bond is $100. The bond is currently selling for 110% of face value. The yield to maturity of the bond is?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9682989

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