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The LSUS Corporation issues a bond with a face value of $1,000 matures in 4 years and has a coupon rate of 8.25 percent. The
The LSUS Corporation issues a bond with a face value of $1,000 matures in 4 years and has a coupon rate of 8.25 percent. The current price of the bond is $1,232 and interest is paid semiannually. What is the yield to maturity? Question 5Select one: a. 1.39% b. 2.16% c. 1.08% d. 2.79%
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Risk Management And Financial Institutions
Authors: John C Hull
6th Edition
1119932483, 9781119932482
