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slega [8]
3 years ago
11

New markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent

coupon. the current price is quoted at 97.6. what is the yield to maturity?
Business
1 answer:
dem82 [27]3 years ago
6 0
4.73% is your answer
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