Find what is the yield to maturity for the bonds

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Problem 1: What is the yield to maturity for the following bonds? Assume these are bonds issued in the U.S. Use the Excel RATE function to solve.10 years to maturity, 6% coupon rate, current price is $950. (Round answer to 2 decimal places, e.g. 52.75.)

Reference no: EM132966111

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