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What is the YTM of a 10 year, 8% semi-annual coupon bond with a price of...

What is the YTM of a 10 year, 8% semi-annual coupon bond with a price of $1220?

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Expert Solution

Calculations-

As no method was mentioned I have solved the problem using excel function

.Please upvote if the answer is helpful.In case of doubt,do comment.Thanks.


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