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Soo Lee Imports issued 15-year bonds 10 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. These bonds currently sell
Soo Lee Imports issued 15-year bonds 10 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. These bonds currently sell for 111 percent of par value. What is the yield-to-maturity?
The 12 percent annual coupon bonds of IPO, Inc. are selling for $1,050. The bonds have a face value of $1,000 and mature in 5 years. What is the yield to maturity?
If the bond were to make semiannual payments, but all other features remained the same, what would be the yield to maturity?
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