Question
Abner Corporation's bonds mature in 17 years and pay 9 percent interest annually. If you purchase the bonds for $1,250, what is your yield to
Abner Corporation's bonds mature in
17
years and pay
9
percent interest annually. If you purchase the bonds for
$1,250,
what is your yield to maturity?
Your yield to maturity on the Abner bonds is
.
(Round to two decimal places.)
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Corporate Finance Text And Cases
Authors: Vishwanath S. R.
3rd Edition
9353282896, 978-9353282899
