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Best Lodging has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 5 years, and have a 6.5 percent coupon. The current
Best Lodging has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 5 years, and have a 6.5 percent coupon. The current price is quoted at $910. What is the yield to maturity?
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Finance Society And Sustainability
Authors: Nick Silver
1st Edition
1137560606, 978-1137560605
