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Finding the YTM of a Bond

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If in determining the yield to maturity (YTM) on a bond at a given interest rate, you get a value below the current market price, in the next calculation you should use A) a higher interest rate, B) a lower interest rate, C) a longer maturity, D) a higher coupon payment

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Solution Summary

This solution discusses the method to apply in finding the yield to maturity (YTM) of a bond.

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Yield to maturity: Internal rate of return on a bond.

The number of remaining payments (and thus the maturity) and the coupon payments are ...

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