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Compute the yield for bondy bond

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Reference no: EM131458231

Question: Bondy Bond (fictitious name) is a coupon bond that matures in 10 years. The coupon rate is 5 percent per year. The bond's principal is $10,000 and the market price is $8,500

(Microsoft Excel) Compute the yield for Bondy Bond, showing how you use the Excel program for this purpose.

Reference no: EM131458231

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