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Builtrite currently has a $1000 par, 16 year maturity, zero coupon bond outstanding that is selling for $339. What is the bonds yield to maturity?
Builtrite currently has a $1000 par, 16 year maturity, zero coupon bond outstanding that is selling for $339. What is the bonds yield to maturity?
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
