,700 for the 10-year T-note cited in question 12. This 10-year T-note has exactly 10-years remaining until final maturity. What is the Yield until Maturity or YTM for this 10-year T-note?

Corporate Fin Focused Approach
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ISBN:9781285660516
Author:EHRHARDT
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Chapter4: Time Value Of Money
Section4.17: Amortized Loans
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Assume you paid $9,700 for the 10-year T-note cited in question 12. This 10-year T-note has exactly 10-years remaining until final maturity. What is the Yield until Maturity or YTM for this 10-year T-note?

 

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