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Eleven years ago Bob's Burgers issued $1,000 par bonds with 15 years to maturity and a 4% semi-annual coupon at par. Today the bonds sell
Eleven years ago Bob's Burgers issued $1,000 par bonds with 15 years to maturity and a 4% semi-annual coupon at par. Today the bonds sell for $1,080. What is the current yield to maturity of the bonds?
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
