The bonds issued by Stainless Tubs bear an 8% coupon, payable semiannually. the bonds mature in 11

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The bonds issued by Stainless Tubs bear an 8% coupon, payable semiannually. the bonds mature in 11 years and have $1000 face value. Currently, the bonds sell for $952. What is the yield to maturity?

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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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