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    kec0010 Posts: 1, Reputation: 1
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    Jul 16, 2012, 07:07 AM
    Yield to Maturity
    A $1000 par bond having a 4% coupon rate (interst is paid semiannually) with 40 years to maturity is currently selling for $795. What is the yield to maturity for the bond (approximately)?

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