Iris Corp has issued bonds with a coupon rate of 15%, annual coupon payments, 6 years to
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Iris Corp has issued bonds with a coupon rate of 15%, annual coupon payments, 6 years to maturity, and is currently priced at $950 per bond. What is the yield to maturity?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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