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(Yield to maturity) Golden Co.'s bonds mature in 15 years and pay 8 percent interest annually. If you purchase the bonds for $1,175, what is
(Yield to maturity) Golden Co.'s bonds mature in 15 years and pay 8 percent interest annually. If you purchase the bonds for $1,175, what is their yield to maturity?
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
