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Question 8 B Co.'s noncallable bonds currently sell for $695. They have a 15-year maturity, an annual coupon of $85, and a par value
Question 8 B Co.'s noncallable bonds currently sell for $695. They have a 15-year maturity, an annual coupon of $85, and a par value of $1,000. What is their yield to maturity? a. 13.29% Ob.9.46% c. 10.29% Od. 11.62% e. 9.66%
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