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Copiah's Clothes, Inc. Has a 15-year bond outstanding that pays $85 annually. The face value of each bond is $1,000, and the bond sells for
Copiah's Clothes, Inc. Has a 15-year bond outstanding that pays $85 annually. The face value of each bond is $1,000, and the bond sells for $1,120. What is the yield to maturity?
| 5.84% | ||
| 6.47% | ||
| 7.17% | ||
| 6.15% |
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The Role Of Credit Rating Agencies In Responsible Finance
Authors: Daniel Cash
1st Edition
3030037088, 978-3030037086
