A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 10%. Calculate its yield to maturity if it is priced at $900.
The question belongs to Mathematics and it is about calculating the yield of a bond with a face value of $1000 of 15 years.
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If you are here for the first time, you can request for a discount coupon, which can knock off upto 20% of the quoted price on any service.