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McConnell Corporation has bonds on the market with 10.5 years to maturity, a YTM of 7.1 percent, a par value of $1,000, and a current
| McConnell Corporation has bonds on the market with 10.5 years to maturity, a YTM of 7.1 percent, a par value of $1,000, and a current price of $1,051. The bonds make semiannual payments. |
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
