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Jenny Clayton is looking to invest in some 5-year bonds that payannual coupons of 6.25 per

Jenny Clayton is looking to invest in some 5-year bonds that payannual coupons of 6.25 per

Jenny Clayton is looking to invest in some 5-year bonds that payannual coupons of 6.25 percent on a face value of $1,000 and arecurrently selling for $588.79. What is the yield to maturity onthese bonds?

 

 

5 percent

 

 

10 percent

 

 

15 percent

 

 

20 percent

Abhinav 05-Dec-2019

Answer (UnSolved)

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