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Solow Corp. has a bond with annual interest payments of $180 maturing in 12 years at a value of $1,000 per bond. The current market
Solow Corp. has a bond with annual interest payments of $180 maturing in 12 years at a value of $1,000 per bond. The current market price is $910. What will the nominal yield be?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
