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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Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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