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Cullumber Corp. has five - year bonds outstanding that pay a coupon rate of 9 . 0 percent. If these bonds are priced at $
Cullumber Corp. has fiveyear bonds outstanding that pay a coupon rate of percent. If these bonds are priced at $ Assume face value is $Round answers to decimal places, eg
What is the yield to maturity on these bonds, assuming semiannual payments?
Yield to maturity
Assume semiannual coupon payments. What is the effective annual yield?
Effective annual yield
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