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The bonds issued by Jensen & Son bear a 7 percent coupon, payable semiannually. The bond matures in 6 years and has a $1,000 face
The bonds issued by Jensen & Son bear a 7 percent coupon, payable semiannually. The bond matures in 6 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity? (10 Points)
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
