The Petit Chef Co. has a 6% coupon bonds with 5 years left to maturity. The bonds
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The Petit Chef Co. has a 6% coupon bonds with 5 years left to maturity. The bonds make semi-annual payments and has a par value of $2,000. If the bonds sell for $2,200, what is the yield-to-maturity? Show all work
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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