
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A $3,500 bond with a 3.5% coupon compounded semi-annually is currently priced to yield 9% with 19 years remaining to maturity. What is the yield to maturity seven years from now if the
% Round to two decimal places.
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