Question
Abner Corporation's bonds mature in 16 years and pay 9 percent interest annually If you purchase the bonds for $775, what is your yield to
Abner Corporation's bonds mature in 16 years and pay 9 percent interest annually If you purchase the bonds for $775, what is your yield to maturity?
Your yield to maturity on the Abner bonds is ? % (round to two decimal places)
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
