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Ross Corp. has an eleven year bond with a current market price of $1,012.64.This bond pays semi-annual coupons of $22 each and has a $1,000
Ross Corp. has an eleven year bond with a current market price of $1,012.64.This bond pays semi-annual coupons of $22 each and has a $1,000 face value.What is its yield to maturity?
Points:1
- 5.67 %
- 4.25 %
- 2.13 %
- 2.07 %
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
