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momr1958 Group Title

Need to calculate yield to maturity on a bond. N=10 PV=1058 PMT=73 or 7.3% Interest FV=1000 Can someone help with this. I come up with 8.12 but my school finance lab says it is 6.49. Can someone explain how they come up with that number? Please.

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spraguer (Moderator)
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