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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
You buy a bond for $949 that has a coupon rate of 5.6% and a 8-year maturity. A year later, the bond price is $1,064. (Assume a face value of $1,000 and annual coupon payments.)What is the new yield to maturity on the bond?
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