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Wildhorse Corp. has five - year bonds outstanding that pay a coupon rate of 8 . 9 percent. If these bonds are priced at $
Wildhorse Corp. has fiveyear bonds outstanding that pay a coupon rate of percent. If these bonds are priced at $ Assume face value is $Round answers to decimal places, eg
What is the yield to maturity on these bonds, assuming semiannual payments?
Yield to maturity:
Assume semiannual coupon payments. What is the effective annual yield?
Effective annual yield:
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