FaZerug6393 FaZerug6393

13-03-2024
Business

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Calculate the yield to maturity (YTM or i) for a discount bond with a current price of $897, 5 years to maturity, and a face value of $1,000. Express your answer as a %, rounded to:
a) 5.43%
b) 8.97%
c) 11.03%
d) 13.68%

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