Question
(Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 11 percent interest annually. If you purchase the bonds for $1125 , what
(Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 11 percent interest annually. If you purchase the bonds for $1125 , what is your yield to maturity?
Your yield to maturity on the Abner bonds is %. (Round to two decimal places.)
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
