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What yield to maturity is the bond offering

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A 5.50 percent coupon bond with 18 years left to maturity is offered for sale at $965.82. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)

Reference no: EM132444274

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What yield to maturity is the bond offering : A 5.50 percent coupon bond with 18 years left to maturity is offered for sale at $965.82. What yield to maturity is the bond offering?
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