Question
Abner Corporation's bonds mature in 16 years and pay 7 percent interest annually. If you purchase the bonds for $875, what is your yield to
Abner Corporation's bonds mature in 16 years and pay 7 percent interest annually. If you purchase the bonds for $875, what is your yield to maturity?
Your yield to maturity on the Abner bonds is enter your response here %. (Round to two decimal places.)
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
