Bond valuation. Currently, Sentaria Hospitals taxexempt bond issuance is selling for $619.70 per bond and has a

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Bond valuation. Currently, Sentaria Hospital’s tax–exempt bond issuance is selling for

$619.70 per bond and has a remaining maturity of 15 years. If the par value is $1,000 and the coupon rate is 5 percent, what is the yield to maturity? (Hint: see Appendix G.)

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Financial Management Of Health Care Organizations

ISBN: 9781118466568

4th Edition

Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas

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