Convenient stores has a bond issue with 10 years to


Convenient Stores has a bond issue with 10 years to maturity, $1,000 face value, 8% coupon interest compounded semiannually, that are callable in 5 years at $1050. The bonds currently sell in the market for $1,100. What is the yield to maturity?

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Finance Basics: Convenient stores has a bond issue with 10 years to
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