What is the yield to maturity

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A $1000 face value bond with six years to maturity and a twelve percent semiannual coupon currently sells for $950. What is the yield to maturity?

Reference no: EM13267377

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What is the yield to maturity : A $1000 face value bond with six years to maturity and a twelve percent semiannual coupon currently sells for $950. What is the yield to maturity?
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