Business, 29.11.2020 23:40 makaylahamrick
Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a par value of $1,000. The bonds are currently selling at a premium price of $1,250 in the bond market. What is their yield to maturity (YTM)?
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Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannua...
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