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    Fundamentals of Corporate Finance Study Set 12
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    Exam 6: Bonds
  5. Question
    Assuming That This Bond Trades for $1035
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Assuming That This Bond Trades for $1035

Question 17

Question 17

Essay

Assuming that this bond trades for $1035.44,then what is the YTM for this bond?

Correct Answer:

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FV = 1000 PMT = 40 (...

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