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Halley Enterprise's bonds currently sell for $975. The bonds have a 7-year maturity, pay an annual coupon of $90, and have a par value of
- Halley Enterprise's bonds currently sell for $975. The bonds have a 7-year maturity, pay an annual coupon of $90, and have a par value of $1000. What is their yield to maturity?
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
