please solve using formula The Boston Clothing Co. has $1,000 face value bond outstanding with a market

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The Boston Clothing Co. has $1,000 face value bond outstanding with a market price of 101.2% of par value. The bond pays interest annually, matures in 12 years, and has a yield to maturity of 7.842 percent. What is the current yield? I A

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Jul 11, 2024 06:14 AM

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please solve using formula The Boston Clothing Co. has $1,000 face value bond outstanding with a market

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Fundamentals of Financial Management

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