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Business, 07.08.2021 18:50 elijahjacksonrp6z2o7

3. A bond that matures in 8 years has a 10 percent coupon rate, semi annual payments, a face value of $1,000 and an 8.5 percent current yield. What is the bond s nominal yield to maturity(YTM). ( 5Marks)

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3. A bond that matures in 8 years has a 10 percent coupon rate, semi annual payments, a face value o...

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