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Coca-kula has an 8% coupon bonds that make semiannual payments, and have 14 years remaining to maturity. If the current price for these bonds is
Coca-kula has an 8% coupon bonds that make semiannual payments, and have 14 years remaining to maturity. If the current price for these bonds is $987.24, what is the annualized yield to maturity?
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Cases In Financial Management
Authors: I.M. Pandey
3rd Edition
0071333428, 978-0071333429
