Tangshan Industries has issued a bond which has a $1,000 par value and a 13 percent annual
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Tangshan Industries has issued a bond which has a $1,000 par value and a 13 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,250 what is the yield to maturity on the tangshan bond??
Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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