They have a 15-year maturity an annual coupon rate of 95


ABC Inc's noncallable semi-annual bonds currently sell for $1,160. They have a 15-year maturity, an annual coupon rate of 9.5%, and a par value of $1,000. What is their yield to maturity?

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Dissertation: They have a 15-year maturity an annual coupon rate of 95
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