Question
(Yield to maturity)Abner Corporation's bonds mature in 24 years and pay 14 percent interest annually. If you purchase the bonds for $1 comma 275, what
(Yield to maturity)Abner Corporation's bonds mature in 24 years and pay 14 percent interest annually. If you purchase the bonds for $1 comma 275, what is your yield to maturity?
Your yield to maturity on the Abner bonds is nothing%. (Round to two decimal places.)
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
