Atlantis fisheries issues zero coupon bonds on the market


Atlantis Fisheries issues zero coupon bonds on the market at a price of $522 per bond. Each bond has a face value of $1,000 payable at maturity in 16 years. What is the yield to maturity for these bonds?

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Financial Management: Atlantis fisheries issues zero coupon bonds on the market
Reference No:- TGS02136092

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