| You just purchased a $1,000 par value, 9-year, 7% semiannual coupon bond. The bond sells for $920. What is the? |
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Finance help. You just purchased a $1,000 par value, 9-year, 7% semiannual coupon bond. The bond sells for $920. What is the nominal annual yield to maturity?
l can not figure this question out, all help appreciated.
Thanks
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