Question
(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 22 years and pay 8 percent interest annually. If you purchase the bonds
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(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 22 years and pay 8 percent interest annually. If you purchase the bonds for $825, what is your yield to maturity? Your yield to maturity on the Abner bonds is _________%.
(Round to two decimal places.)
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
