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URGENT! p Flag question Marked out of 7 Not yet answered Question 21 The 9 percent bonds issued by Company ABC pay interest annually, mature
URGENT!
p Flag question Marked out of 7 Not yet answered Question 21 The 9 percent bonds issued by Company ABC pay interest annually, mature in six years, and have 3 51.000 face value. Currently, the bonds sell for $870. What is the approximate yield to maturity? a. 3.92 percent b. 15.66 percent @ 18.20 percent d. None of these options Next pa e. 7.11 percent
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