Question: answer should be in four decimal places The bonds issued by United Corp. bear a coupon of 7 percent. payable semiannually. The bond matures in

answer should be in four decimal places

The bonds issued by United Corp. bear a coupon of 7 percent. payable semiannually. The bond matures in 14 years and has a $1,000 face value. Currently, the bond sells at 5977. The yield to maturity (TM) is

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