Emily2593 Emily2593

09-02-2024
Business

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Use your Calculator to find the YTM on a 20-year, $1000 par value bond that pays coupons of 4.5% semi-annually and currently sells for $1104.89.
a) 3.80%
b) 4.00%
c) 4.20%
d) 4.40%

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