Business, 15.07.2020 20:01 scoutrussel4life

A four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $878.31, calculate the yield to maturity of the bond (assuming annual interest payments). Group of answer choices

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A four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond i...