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Your company issued a 15-year bond issue outstanding that pays a 7% coupon. The bond is currently priced at $920.30 and has a par value
Your company issued a 15-year bond issue outstanding that pays a 7% coupon. The bond is currently priced at $920.30 and has a par value of $1,000. Interest is paid semiannually. What is the yield to maturity?
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Gapenskis Cases In Healthcare Finance
Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
