A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 5%. Calculate its yield to maturity if it is priced at $900.

Name: A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 5%. Calculate its yield to maturity if it is priced at $900.
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The Answer of A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 5%. Calculate its yield to maturity if it is priced at $900.

A Bond with a Face Value of $1000 and 15