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Stockdale Corporation's bonds carry an 8.00% coupon, paid semi-annually. The bonds have a par value of $1,000 and mature in 15 years. Given that their
Stockdale Corporation's bonds carry an 8.00% coupon, paid semi-annually. The bonds have a par value of $1,000 and mature in 15 years. Given that their current price is $980, what is the yield to maturity on these bonds? a. 8.23% b. 9.45% C. 4.12% d. 5.88% O e. 8.36%
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