Collingwood homes has a bond issue outstanding that pays an


Collingwood Homes has a bond issue outstanding that pays an 8.5 percent coupon and matures in 16.5 years. The bonds have a par value of $1,000 and a market price of $944.30. Interest is paid semiannually. What is the yield to maturity?

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Financial Management: Collingwood homes has a bond issue outstanding that pays an
Reference No:- TGS01720536

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