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Business, 23.09.2019 23:30 yoojayypee1236

Risky corporation’s bonds are currently selling for $650 and bear a 5% coupon rate and $1,000 par value. if the bonds pay annual interest and have 12 years to maturity, what is the yield to maturity?

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Risky corporation’s bonds are currently selling for $650 and bear a 5% coupon rate and $1,000 par va...
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