Question: Cullumber, Inc., has four - year bonds outstanding that pay a coupon rate of 7 . 3 percent and make coupon payments semiannually. If these
Cullumber, Inc., has fouryear bonds outstanding that pay a coupon rate of percent and make coupon payments semiannually. If
these bonds are currently selling at $ What is the yield to maturity that an investor can expect to earn on these bonds? Assume
face value is $Round answer to decimal place, eg
Yield to maturity
What is the effective annual yield? Round answer to decimal place, eg
Effective annual yield
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