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borteleto borteleto
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6 years ago
A $1,000 par value 14-year bond with a 10 percent coupon rate recently sold for $965. The yield to maturity is
A) 10.49%.
B) 10.00%.
C) 8.87%.
D) 6.50%.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
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Marc18Marc18
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6 years ago
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borteleto Author
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#2
6 years ago
Such a godsend, you helped me and my friend big time
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