Usf inc issued a 15 year bond at a coupon rate of 45


USF Inc. issued a 15 year bond at a coupon rate of 4.5 percent. The bond makes semi-annual payments and has a part value of 1,000. If the current market price is 958, what is the bond’s yield to maturity (Hint: Treat this as a TVM problem)

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Financial Management: Usf inc issued a 15 year bond at a coupon rate of 45
Reference No:- TGS01707352

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