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If the question is Golden Co.s bonds mature in 15 years and pay 8 percent interest annually. If you purchase the bonds for $1,175, what
If the question is "Golden Co.s bonds mature in 15 years and pay 8 percent interest annually. If you purchase the bonds for $1,175, what is their yield to maturity?" Why not just answer it with the 8% instead of the 7% or 6%?
Regarding FINC300
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