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JK Corp has 4.8 percent coupon bonds on the market with 13 years to maturity. Par value is $1,000. The bonds make semiannual payments and
- JK Corp has 4.8 percent coupon bonds on the market with 13 years to maturity. Par value is $1,000. The bonds make semiannual payments and are currently selling at 106. What is the bonds current yield?
- Further to question #24, what is the bonds yield-to-maturity?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
