Business, 03.03.2020 02:10 SoccerHalo

LCB Inc. has a 6% 20-year maturity $1,000 par value bond that currently has a yield to maturity of 7.5%. How much does LCB pay in annual interest on one of these bonds?

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LCB Inc. has a 6% 20-year maturity $1,000 par value bond that currently has a yield to maturity of 7...

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