7. Yield to Maturity (LO1, CFA5) May Industries has a bond outstanding that sells for $928. The...
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7. Yield to Maturity (LO1, CFA5) May Industries has a bond outstanding that sells for $928. The bond has a coupon rate of 7.5 percent and nine years until maturity. What is the yield to maturity of the bond?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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