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    Yield to Maturity

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    You are considering the purchase of an AT&P bond with a 13% coupon rate. Interest is paid and compounded semiannually. The bond will mature in 8 years, and has a $1000 face value. The bond currently sells for $867. Calculate the ANNUAL yield to maturity for this bond. (Round to nearest percentage)

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    Calculate the ANNUAL yield to maturity for this bond
    You are considering the purchase of an AT&P bond with a 13% coupon rate. Interest is paid and compounded semiannually. The bond will mature in 8 years, and has a $1000 face value. The bond currently sells for $867. Calculate the ANNUAL yield to maturity for this bond. (Round to nearest percentage)
    We need to calculate how much the bonds have been ...

    Solution Summary

    This solution is comprised of a detailed explanation to calculate the ANNUAL yield to maturity for this bond.

    $2.49

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