Compute the yield till maturity for the buyer

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You own a 30 year, $ 1000 face value bond with a coupon of 8%, that you bought for $ 1000. 5 years later you now want to sell it. The market price is $ 850.

1. Compute the yield till maturity for the buyer.

2. What were you rating of return?

Reference no: EM13810390

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