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no excel pls. Acme Products has a bond outstanding with 12 years remaining to maturity and a coupon rate of 5.3% paid semiannually. If the
no excel pls. Acme Products has a bond outstanding with 12 years remaining to maturity and a coupon rate of 5.3% paid semiannually. If the current market price is $827.91, what is the yield to maturity? (Assume a par value of $1,000.)
a. 7.00 percent d. 6.00 percent
b. 3.75 percent e. 4.00 percent
c. 7.50 percent
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