What is the bond's yield to maturity if a semiannual convention to valuation is employed? Caroline Islands
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What is the bond's yield to maturity if a semiannual convention to valuation is employed?
Caroline Islands Resorts has 1,750,000 shares of authorized common stock having a $1 par value. Over the years it has issued 1,532,000 shares, but presently 63,000 are held as Treasury stock. The paid-in capital of the company is presently $5,314,000.
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