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    Yield to Maturity of Bonds

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    My company's bonds are currently selling for $1,157.75 per $1,000 par-value bond. The bonds have a 10% coupon rate and will mature in 10 years. What is the approximate yield to maturity of the bonds?

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    https://brainmass.com/business/bond-valuation/yield-to-maturity-of-bonds-103747

    Solution Summary

    This solution provides calculations in Excel for finding the approximate yield to maturity of a bond.

    $2.19

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