What is the? bonds yield to? maturity

Reference no: EM133559830

Question: The market price is ?$950 for a 17?-year bond ?($1,000 par? value) that pays 8 percent annual? interest, but makes interest payments on a semiannual basis ?(5.5 percent? semiannually). What is the? bond's yield to? maturity?

Reference no: EM133559830

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