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Bavarian Pretzel Haus is going to finance a new pretzel factory using a debt issue. The company needs to raise $ 1 0 . 0
Bavarian Pretzel Haus is going to finance a new pretzel factory using a debt issue. The company needs to raise $ million today. An investment bank has suggested issuing year bonds, with a APR semiannual coupon, and a face value of $ million. What yield to maturity is the investment bank placing on Bavarian Pretzel Haus bonds if they offer with these terms Express as an EAR
Answer Format: Percentage Round to: decimal places Example: sign required. Will accept decimal format rounded to decimal places ex:
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