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Question 8 1 pts A corporate bond has a face value of $1,000, and pays a $17 coupon semiannually (that is, the bond has
Question 8 1 pts A corporate bond has a face value of $1,000, and pays a $17 coupon semiannually (that is, the bond has a 3.4 percent coupon). The bond matures in 18 years and sells at a price of $946. What is the bond's nominal yield to maturity? 3.82% 4.12% 3.92% 4.22% 4.02%
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
