Question
AbnerCorporation's bonds mature in 22 years and pay 9 percent interest annually. If you purchase the bonds for $ 850 , what is your yield
AbnerCorporation's bonds mature in 22 years and pay 9 percent interest annually. If you purchase the bonds for $850, what is your yield tomaturity?
Your yield to maturity on the Abner bonds is _____________%. (Round to two decimalplaces.)
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
