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ya-yaa ya-yaa
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3 months ago
A 5-year bond with a 10% coupon rate and $1000 face value is selling for $1100. Calculate the yield to maturity on the bond assuming annual interest payments.

▸ 8.62%

▸ 8.53%

▸ 10%

▸ None of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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madizmmadizm
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3 months ago
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Brilliant ツ
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Just got PERFECT on my quiz
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