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A 12% bond with a face value of $1000 is currently trading at $960. the yield to maturity of this bond ? a must be
A 12% bond with a face value of $1000 is currently trading at $960. the yield to maturity of this bond ?
a must be greater than 6%
b must be 6%
c must be less than 6%
d unknown
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Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series
Authors: Vibrant Publishers , Kalpesh Ashar
5th Edition
1636510973, 978-1636510972
