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OpenStudy (anonymous):
hun? so no answer ?
OpenStudy (anonymous):
Yes.
OpenStudy (anonymous):
Unless you made a mistake in an earlier step I'm unaware of.
OpenStudy (anonymous):
Oh NO!!!!!!!!!!!!!!! Its interest bond calculation and the answer should be interest number
OpenStudy (anonymous):
:(
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OpenStudy (anonymous):
Tell me the WHOLE question.
OpenStudy (anonymous):
ok, you bought a two year coupon with face value of 10000 and 7% coupon rate at the beginning of this year. how much it is yield to maturity if paid $9700 coupons are paid annually
OpenStudy (anonymous):
I changed number 9500 to 9700
OpenStudy (anonymous):
Can you type it word for word? I can't understand a thing you're saying.
OpenStudy (anonymous):
it is homework question..
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OpenStudy (anonymous):
ok could you solve this
OpenStudy (anonymous):
ok could you solve this\[9500=600/(i+1)+10600/(i+1)^2\]
OpenStudy (anonymous):
I know where you went wrong.
OpenStudy (anonymous):
It should be \[9500x^2-600x-10600\], where x = i+1. You put +10600