1-13: Jackson Corporation's bonds have 12 years remaining to maturity. These bonds have a $1000 par...
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1-13: Jackson Corporation's bonds have 12 years remaining to maturity. These bonds have a $1000 par value and interest is paid annually. It just paid a coupon of $ 20. These bonds currently sell for $927.08. What is their yield to maturity? 5.50% 4.00% 2.72% 1.75% 1-13: Jackson Corporation's bonds have 12 years remaining to maturity. These bonds have a $1000 par value and interest is paid annually. It just paid a coupon of $ 20. These bonds currently sell for $927.08. What is their yield to maturity? 5.50% 4.00% 2.72% 1.75%
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