afloareiandrei2100 afloareiandrei2100

11-11-2017
Business

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New markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent coupon. the current price is quoted at 97.6. what is the yield to maturity?

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chantricegarcia2 chantricegarcia2

11-11-2017

4.73% is your answer

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