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Hartwell Corporations bonds have a 20-year maturity, an 7.6% semiannual coupon, and a face value of $1,000. The going price of the bond is $1,256.
- Hartwell Corporations bonds have a 20-year maturity, an 7.6% semiannual coupon, and a face value of $1,000. The going price of the bond is $1,256. What is the bonds yield to maturity? (be careful, yield to maturity is expressed as an Annual Rate)
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
