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Yield to Maturity for Annual Payments Wilson Corporation's bonds have 10 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par
Yield to Maturity for Annual Payments Wilson Corporation's bonds have 10 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 7%. The bonds sell at a price of $985. What is their yield to maturity? Round your answer to two decimal places. % Step by Step Solution
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The School Fundraising Handbook
Authors: Lindsey Marsh
1st Edition
1785834266, 978-1785834264
