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Alpha Company's $1000 par value bonds pay interest semi-annually. You are given the following information: Current price $950.00 Coupon rate 8% Years to maturity 15
| Alpha Company's $1000 par value bonds pay interest semi-annually. You are given the following information: | ||
| Current price | $950.00 | |
| Coupon rate | 8% | |
| Years to maturity | 15 | |
| Calculate the yield to maturity of Alpha's bonds. | ||
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Balancing Acts Unleashing The Power Of Creativity In Your Life And Work
Authors: Daniel Lamarre
1st Edition
1400223024, 978-1400223022
