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3) A 7.4% semi-annual coupon bond of Mahome Company is selling for $955 today. It has a par value of $1000 and has 8 years
3) A 7.4% semi-annual coupon bond of Mahome Company is selling for $955 today. It has a par value of $1000 and has 8 years left to mature. What is the yield to maturity (YTM)?
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
