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Reese Enterprise has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent coupon. The current price
Reese Enterprise has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent coupon. The current price is quoted at 95.7. What is the vield to maturity? 4.92 percent 5.32 percent 5.27 percent 4.73 percent 5.13 percent
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