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Business, 07.04.2020 15:59 Ganggang62

You notice in the WSJ a bond that is currently selling in the market for $1 comma 098 with a coupon of 11% and a(n) 24-year maturity. Using annual compounding, calculate the promised yield on this bond.

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You notice in the WSJ a bond that is currently selling in the market for $1 comma 098 with a coupon...
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