Find the approximate yield to maturity of coupon bond


Given the following financial data, compute the return on assets and return on equity: net income/sales = 6%, sales/total assets = 2.5X, and debt/total assets = 25%.  What is the approximate yield to maturity of an 8% coupon bond with a par value of $1,000? The bond is currently selling for $920 and has 5 years to maturity.

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Finance Basics: Find the approximate yield to maturity of coupon bond
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