Question
O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their annual coupon interest rate is 7.20%. They pay interest
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O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their annual coupon interest rate is 7.20%. They pay interest semiannually, and they sell at a price of $875. What is the bond's yield to maturity?
8.40%
7.96%
6.05%
7.37%
8.76%
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Understanding The Polish Capital Market From Emerging To Developed
Authors: Marek Dietl, Dariusz Zarzecki
1st Edition
1032286962, 978-1032286969
