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Medina Builders plans to sell 15-year, $1,000 face value zerocoupon bonds. The bonds is priced at $322. Assuming semi-annualcompounding, the yield to maturity for this
Medina Builders plans to sell 15-year, $1,000 face value zerocoupon bonds. The bonds is priced at $322. Assuming semi-annualcompounding, the yield to maturity for this bond isA. 7.7%B. 8.9%C. 12. 2 answers
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