Elizabeth cherry has a bond that has 10 years to maturity


Elizabeth Cherry has a bond that has 10 years to maturity, a face value of $1,000, an 8% interest rate, and a market price of $1,200. What is the yield-to-maturity on this bond?

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Financial Management: Elizabeth cherry has a bond that has 10 years to maturity
Reference No:- TGS02140021

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