Calculate a bond ytm

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Our client Sports Inc. has an additional question about how to calculate Yield-to-Maturity (YTM) on corporate bonds. Specifically, they do not understand the positive relationship between YTM and bond price. You are to provide Sports Inc. with an example of how to calculate a bond's YTM. Make sure you provide both a numerical example and a sound explanation of your example to the client.

Reference no: EM133254150

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