Palmerproducts issued15 - year bonds two years ago at a


PalmerProducts issued15 - year bonds two years ago at a coupon rate of 6.9. The bonds make semiannual payments. If these bonds currently sell for $940 of par value (i.e.$1000), what is the yield to maturity on the bonds.

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Finance Basics: Palmerproducts issued15 - year bonds two years ago at a
Reference No:- TGS0601837

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