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Other Fields Homework Help Business Topic started by: stranahan on Nov 17, 2016



Title: Your firm has issued a 20-year $1,000.00 par value semiannual 10% coupon bond that sells for $1,000 ...
Post by: stranahan on Nov 17, 2016
Your firm has issued a 20-year $1,000.00 par value semiannual 10% coupon bond that sells for $1,000 in the market place. The proceeds from the sale of the bond issue is $975.00 per bond. What is your firm's yield to maturity on this new bond issue? Use a financial calculator to determine your answer.
A) 10.00%
B) 10.16%
C) 10.30%
D) 5.15%


Title: Re: Your firm has issued a 20-year $1,000.00 par value semiannual 10% coupon bond that sells for ...
Post by: torchunicycle on Nov 17, 2016
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Title: Re: Your firm has issued a 20-year $1,000.00 par value semiannual 10% coupon bond that sells for $1,000 ...
Post by: stranahan on Jan 6, 2017
Thanks ^-^