Question
Bonds issued by Realogic Company have a par value of $1,000. The bonds are currently priced at $650. The bonds have 10 years remaining until
Bonds issued by Realogic Company have a par value of $1,000. The bonds are currently priced at $650. The bonds have 10 years remaining until they mature. The annual interest payment is 12 percent ($120).
What is the yield to maturity. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
