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A $1,000 face value coupon bond pays interest semi-annually is quoted 108% matures in seven years, and has a coupon rate

Posted: Wed Mar 16, 2022 9:13 am
by answerhappygod
A $1,000 face value coupon bond pays interest semi-annually is
quoted 108% matures in seven years, and has a coupon rate of 8%.
Compute yield to maturity on this bond.