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On Monday, February 15, you settled the 7.5% Saturn Tech Companys corporate bonds for $98.75. The maturity date is June 30, 2025, the redemption price
On Monday, February 15, you settled the 7.5% Saturn Tech Companys corporate bonds for $98.75. The maturity date is June 30, 2025, the redemption price is 100, and the coupons are paid twice a year. Calculate the yield to maturity. Group of answer choices 7.75% 7.85% 7.79% 7.94%
On Monday, February 15, you settled the 7.5% Saturn Tech Company's corporate bonds for $98.75. The maturity date is June 30,2025 , the redemption price is 100 , and the coupons are paid twice a year. Calculate the yield to maturity. 7.75% 7.85% 7.79% 7.94%Step by Step Solution
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