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Business, 19.07.2021 16:40 cheyennebrooke01

1. Raines Umbrella Corp. issued 12-year bonds two years ago with a coupon rate of 8.6 percent. A bond dealer quotes the price to you as 97. You want to buy a bond with a face value of $1,000. What is the yield to maturity for this bond

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1. Raines Umbrella Corp. issued 12-year bonds two years ago with a coupon rate of 8.6 percent. A bon...
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