What is the yield to maturity, to the nearest percent, of the following bond: current price is

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What is the yield to maturity, to the nearest percent, of the following bond: current price is $1,166; coupon rate is 12%, paid annually, face amount of $1,000, 10 years to maturity?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt , Eugene F. Brigham

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Posted Date: Sep 14, 2020 01:10 AM

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What is the yield to maturity, to the nearest percent, of the following bond: current price is

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Corporate Finance A Focused Approach

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