The bond is currently priced at 950 and has a par value of


Shandong Corp. has a 15-year bond issue outstanding that pays a 5% coupon. The bond is currently priced at $950 and has a par value of $1,000. Interest is paid semiannually. What is the yield to maturity?

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Financial Management: The bond is currently priced at 950 and has a par value of
Reference No:- TGS02406979

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