Question: Verizon has a new bond issue that has a $ 1 , 0 0 0 par value, an 9 % coupon rate and semiannual interest
Verizon has a new bond issue that has a $ par value, an coupon rate and
semiannual interest payments. The bond will mature in years. If the bond's price is
quoted at what is the bond's yield to maturity?
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