The bonds have a par value of 1000 a current price of 920


Bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000 a current price of $920 and matures in 12 years. What is the yield maturity on these bonds?

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Finance Basics: The bonds have a par value of 1000 a current price of 920
Reference No:- TGS02597807

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