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stranahan stranahan
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7 years ago
Your firm has just issued a 30-year $1,000.00 par value, 8% coupon semiannual bond for a net price of $964.00. What is the yield to maturity? Use a financial calculator to determine your answer.
A) 4.16%
B) 8.33%
C) 8.00%
D) 8.30%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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FatherHyenaFatherHyena
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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