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stranahan stranahan
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7 years ago
Your firm has just issued a 10-year $1,000.00 par value, 10% annual coupon bond for a net price of $964.00. What is the yield to maturity? Use a financial calculator to determine your answer.
A) 11.10%
B) 10.00%
C) 9.45%
D) 10.60%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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Awful_HomieAwful_Homie
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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