Essentials Of Investments
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ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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suppose a ten-year, 1,000 bond with an 8.8% coupon rate semiannual coupons is trading for $1,035.89
a. what is the bond's yield to maturity (expressed as an APR with semiannual compounding)?
b. if the bond's yield to maturity changes to 9.2% APR, what will be the
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