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Tidewater Home Health Care, Inc, has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10 percent with interest paid
Tidewater Home Health Care, Inc, has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10 percent with interest paid annually, and a par of value of $1,000. The current market price of the bond is 1,251.22
A) what is the bond's yield to maturity??
b) now assume that the bond has a semiannual coupon payments, what is its yield to maturity in this situation???
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