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) Cornerstone Industries has a bond outstanding that has a 7% coupon rate on the $1,000 par and a market price of $887.76. If the
- ) Cornerstone Industries has a bond outstanding that has a 7% coupon rate on the $1,000 par and a market price of $887.76. If the bond matures in 5 years and interest is paid semiannually, what is the YTM?
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
