1(b). A bond is traded at a price of Rs. 1,080.42. It has a face value of Rs. 1,000, a semi-annual coupon of Rs. 30, and
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1(b). A bond is traded at a price of Rs. 1,080.42. It has a face value of Rs. 1,000, a semi-annual coupon of Rs. 30, and
1(b). A bond is traded at a price of Rs. 1,080.42. It has a face value of Rs. 1,000, a semi-annual coupon of Rs. 30, and a maturity of five years. Determine its yield to maturity.
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