Two years ago you bought a 1000 zero-coupon bond which, Ask an Expert

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Two years ago you bought a $1,000 zero-coupon bond, which matures in five and a half years from today. You are pleased, because the bond price increased by $52.17 since you purchased it. The yield to maturity on the bond is currently 5.29% (APR). What was the yield to maturity (APR) on the bond when you purchased it?

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Financial Management, Finance

Category:- Financial Management
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