Question
Springfield Nuclear Energy Inc. bonds are currently trading at $ 763.42. The bonds have a face value of $ 1,000 , a coupon rate of
Springfield Nuclear Energy Inc. bonds are currently trading at $763.42. The bonds have a face value of $1,000, a coupon rate of 6% with coupons paidannually, and they mature in 20 years. What is the yield to maturity of thebonds?
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
