A company bonds are currenlty selling for 115775 per 1000


A company bonds are currenlty selling for $1,157.75 per $1000 par-value bond. The bonds have a 10% coupon rate and will mature in 10 years. What is the approx. yiled to maturity?

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Finance Basics: A company bonds are currenlty selling for 115775 per 1000
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