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stranahan stranahan
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7 years ago
Rogue Racing Inc. has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. If there are twelve years remaining prior to maturity and these bonds are selling for $876.40, what is the yield to maturity for these bonds?
A) 9.80%
B) 8.00%
C) 8.33%
D) 9.77%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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monkfuzzymonkfuzzy
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#1
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7 years ago
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