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Question 7 1 pts Palmer Products has outstanding bonds with an annual 11.7 percent coupon. The bonds have a par value of $1,000 and
Question 7 1 pts Palmer Products has outstanding bonds with an annual 11.7 percent coupon. The bonds have a par value of $1,000 and a price of $1,154. The bonds will mature in 16 years. What is the yield to maturity on the bonds? 10.06% 9,86% 9.96% 9.56% 9,76%
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Financial Accounting
Authors: Walter T. Harrison, Charles T. Horngren
7th edition
0135012848, 978-0135012840
