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Maturity at the time of purchase

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Reference no: EM131770843

Suppose that today you buy a bond with an annual coupon rate of 9 percnt for 1120. the bond has 12 years to maturity. Assume par value of 1000. assume semiannual compounding periods. what is the yeild to maturity at the time of purchase?

Reference no: EM131770843

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