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mantparn mantparn
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7 years ago
What is the yield to maturity, to the nearest percent, for the following bond: current price is $908, coupon rate is 11 percent, $1,000 par value, interest paid annually, eight years to maturity?
A) 11 percent
B) 12 percent
C) 13 percent
D) 14 percent
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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#1
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7 years ago
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mantparn Author
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#2
7 years ago
Whoa I needed this Smiling Face with Open Mouth
wrote...
#3
3 years ago
thank you
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