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The Petit Chef Co. has 10.1 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments and have
The Petit Chef Co. has 10.1 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments and have a par value of $1.000. If the bonds currently sell for $1,155.73. what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity % Sk
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Public Finance And Public Policy
Authors: Arye L. Hillman
2nd Edition
0521738059, 978-0521738057
