Question
Sentry Corp. bonds have an annual coupon payment of 6.25%. The bonds have a par value of $1,000, a current price of $1,125, and they
Sentry Corp. bonds have an annual coupon payment of 6.25%. The bonds have a par value of $1,000, a current price of $1,125, and they will mature in 15 years. What is the yield to maturity on these bonds?
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
