Question
Abner Corporation's bonds mature in 18 years and pay 12 percent interest annually. If you purchase the bonds for $750, what is your yield to
Abner Corporation's bonds mature in 18 years and pay 12 percent interest annually. If you purchase the bonds for $750, what is your yield to maturity?
Your yield to maturity on the Abner bonds is _____%. (Round to two decimal places.)
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Financial Statements
Authors: Inc. BarCharts
1st Edition
1423223837, 978-1423223832
