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A government bond is currently selling for $900 and pays $75 per year in interest for nine years when it matures If the redemption value of this bond is $1000 what is its yield to maturity if

A government bond is currently selling for $900 and pays $75 per year in interest for nine years when it matures. If the redemption value of this bond is $1,000, what is its yield to maturity if purchased today for $900?

Apr 24 2020 View more View Less

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