Question
Radoski's Corporation's bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of $ 1,000, a current price of $1,030
Radoski's Corporation's bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of $ 1,000, a current price of $1,030 and mature 1 year. What is the yield to maturity on these bonds.
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
