Question
Caryne Corp bonds have a 12% semi-annual coupon, 7 years left until maturity, and they are currently selling for $926. What is the yield to
Caryne Corp bonds have a 12% semi-annual coupon, 7 years left until maturity, and they are currently selling for $926. What is the yield to maturity of Carynes bonds?
| A. | 13.13% | |
| B. | 13.68% | |
| C. | 13.71% | |
| D. | 12.00% | |
| E. | 13.18% |
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Valuing An Entrepreneurial Enterprise
Authors: David B. Audretsch, Albert N. Link
1st Edition
0199730377, 978-0199730377
