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Royals Corp. have 6 percent coupon bonds on the market with par values of $1,000 and 9 years to maturity. If the bonds make annual
Royals Corp. have 6 percent coupon bonds on the market with par values of $1,000 and 9 years to maturity. If the bonds make annual payments and the bond currently sells for $875.06, what is its YTM?
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
