Abc corporation has outstanding bonds with an annual 11, Finance Basics

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Abc corporation has outstanding bonds with an annual 11

Question: ABC Corporation has outstanding bonds with an annual 11 percent coupon. Interest is paid semiannually. The bonds have a par value of $1,000 and a price of $1,150. The bonds will mature in 12 years. What is the yield to maturity on the bonds?

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Finance Basics: Abc corporation has outstanding bonds with an annual 11

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