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A BCE bond has 15 years until maturity and a coupon rate of 8.5% payable annually, and sells for $1,050. Face value of the bond
A BCE bond has 15 years until maturity and a coupon rate of 8.5% payable annually, and sells for $1,050. Face value of the bond is $1,000.
| What is the yield to maturity? |
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Personal Finance
Authors: Jack R Kapoor, Glencoe McGraw Hill, Les R Dlabay, Robert J Hughes
1st Edition
0078698006, 9780078698002
