Question: Using financial calculator, explain steps or reasoning: 10 QUESTION 6 Filoni Corp bonds have 8 years remaining to maturity. Interest is paid annually, they have

Using financial calculator, explain steps or reasoning: 10 QUESTION 6 Filoni

Using financial calculator, explain steps or reasoning:

10 QUESTION 6 Filoni Corp bonds have 8 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 10% and the bond is currently selling for $1143. What is the bond's yield to maturity? 7.30% 7.55% 11.20% 8.50% none of the available choices

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