Business, 22.04.2020 04:07 yhhh

Helen Martin is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.775 percent. If these bonds have a market price of $981.68, what yield to maturity can she expect to earn? (Round intermediate calculations to 5 decimal places, e. g. 1.25145 and final answer to 2 decimal places, e. g. 15.25%.)

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Helen Martin is looking to invest in a three-year bond that makes semi-annual coupon payments at a r...