Wilson wonders bonds have 12 years remaining to maturity


-Wilson Wonders' bonds have 12 years remaining to maturity. The corporate bonds have a coupon of 10%, and currently sell at a price of $850. What is the yield to maturity?

-Thatcher Corporation's bonds will mature in 10 years. The bonds have a 8% coupon rate and a current market price of $1,100. What is the yield to maturity?

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Financial Management: Wilson wonders bonds have 12 years remaining to maturity
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