
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Suppose you paid Taka 8000 for a BDT 10000 face-value coupon bond with a coupon rate of10%, a maturity of 4 years. Find out the Yield to Maturity (YTM) on the bond (Hints: YTM should fall between 17% to 18%).
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