Question
Yield to Maturity for Annual Payments Wilson Corporations bonds have 7 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par
Yield to Maturity for Annual Payments
Wilson Corporations bonds have 7 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 9%. The bonds sell at a price of $1,095. What is their yield to maturity? Round your answer to two decimal places.
%
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick
2nd Edition
063123098X, 9780631230984
