Question
(Question 8) (Yield to maturity) Abner Corporation's bonds mature in 23 years and pay 11 percent interest annually. If you purchase the bonds for $850,
(Question 8)
(Yield to maturity)
Abner Corporation's bonds mature in 23 years and pay 11 percent interest annually. If you purchase the bonds for $850, what is your yield to maturity?
Your yield to maturity on the Abner bond is ___% (Round to two decimal places)
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The Emerging Markets Handbook
Authors: Pran Tiku
1st Edition
0857192981, 978-0857192981
