IBM’s bond has 5 years remaining to maturity. Coupons are paid semi-annually. The bonds have a...

IBM’s bond has 5 years remaining to maturity. Coupons are paid semi-annually. The bonds have a $1,000 par value, and the coupon rate is 5%. The current price of the bond is $1050. What is the yield to maturity?

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jeff jeffy answered 1 year ago

The Brownstone Corporations bonds have 5 years remaining to maturity. Interest is paid annually, the bonds...

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