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A corporate bond has a coupon of 7.5% and pays interest annually. The face value is $1,000 and the current market price is $1,108.15. The
A corporate bond has a coupon of 7.5% and pays interest annually. The face value is $1,000 and the current market price is $1,108.15. The bond matures in 14 years. What is the yield to maturity?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
