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A 20-year Disney Corporation bond is currently trading for 111% of par, and offers a 5% coupon rate with interest paid semiannually. The bonds yield
A 20-year Disney Corporation bond is currently trading for 111% of par, and offers a 5% coupon rate with interest paid semiannually.
The bonds yield to maturity is closest to:
| A | 1.838%. |
| B | 2.091%. |
| C | 3.676%. |
| D | 4.183%. |
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Financial Management Principles And Practice
Authors: Timothy Gallagher
7th Edition
0996095462, 978-0996095464
