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Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate
Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 8%.
- What is the yield to maturity at a current market price of
- $812? Round your answer to two decimal places.
%
- $1,043? Round your answer to two decimal places.
%
- $812? Round your answer to two decimal places.
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
