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Solution Library
Calculation Of Yield To Maturity Of Bond
Question
What is the current yield on a government bond, issued exactly five years ago, that has a current market price of $5866 and pays an annual coupon payment of $350, and matures at the end of 4 years, when the face value of $5000 will be repaid? What is the yield to maturity of this bond?
Summary
The question belongs to Finance and the question is about calculation of yield to maturity of a bond issued 5 years ago with current market price of $5866 and pays an annual coupon payment of $350.
Total Word Count 115
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