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Cullumber Industries has a three-year bond outstanding that pays a 7.80 percent coupon rate and is currently priced at $928.80. What is the yield
Cullumber Industries has a three-year bond outstanding that pays a 7.80 percent coupon rate and is currently priced at $928.80. What is the yield to maturity of this bond? Assume annual coupon payments. (Round answer to 2 decimal places, e.g. 52.75%.) Yield to maturity Save for Later %
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
