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Allen enterprise has a 20 year bond issue outstanding that pays a 9% coupon. The bond is currently priced a $994.50 and ya par value
Allen enterprise has a 20 year bond issue outstanding that pays a 9% coupon. The bond is currently priced a $994.50 and ya par value of 1,000. Interest is paid semiannually. What is the yield to maturity?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
