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C. $47,940 D. $56,690 2. A firm has an issue of S1,000 par value bonds with a 9 percent stated interest rate oupon rate) outstanding.
C. $47,940 D. $56,690 2. A firm has an issue of S1,000 par value bonds with a 9 percent stated interest rate oupon rate) outstanding. The issue pays interest annually and has 20 years remaining aturity date. If bonds of similar risk (market risk) are currently earning 11 percent, e firm's bond will sell for today. (5 point) A) $ 1,000 B) $716.67 C) $840.67 D) S1,123.33 what is the yield to maturity to the nooroet n/euv
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