Pk software has 89 percent coupon bonds on the market with


PK Software has 8.9 percent coupon bonds on the market with 24 years to maturity. The bonds make semiannual payments and currently sell for 111.5 percent of par.

What is the current yield on PK's bonds?

 

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Finance Basics: Pk software has 89 percent coupon bonds on the market with
Reference No:- TGS0599001

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