Question
(Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in 25 years and pay 13 percent interest annually. If you purchase the bonds for $925,
(Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in
25
years and pay
13
percent interest annually. If you purchase the bonds for
$925,
what is your yield to maturity?
Your yield to maturity on the Abner bonds is
nothing%.
(Round to two decimal places.)
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
