Question
Bonds issued by Realogic Company have a par value of $1,000. The bonds are currently priced at $580. 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 $580. The bonds have 10 years remaining until they mature. The annual interest payment is 9 percent ($90).
What is the yield to maturity.
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
