Business, 12.08.2020 06:01 annamariaafowyhrq

A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and is selling today at an $84.52 discount from par value. The yield to maturity on this bond is . A. 6% B. 7.23% C. 8.12% D. 9.45%

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A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and...

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