What is the expected yield to maturity in Example 14.11 if the firm is in even worse

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What is the expected yield to maturity in Example 14.11 if the firm is in even worse condition?

Investors expect a final payment of only

$500, and the bond price has fallen to $650.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Question Posted: Jul 31, 2024 05:01 AM

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What is the expected yield to maturity in Example 14.11 if the firm is in even worse

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Investments

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