Question
Abner Corporation's bonds mature in 19 years and pay 12 percent interest annually. If you purchase the bonds for $1,150, what is your yield to
Abner Corporation's bonds mature in 19 years and pay 12 percent interest annually. If you purchase the bonds for $1,150, 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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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
