Business
Business, 11.09.2019 02:20, nikeabrown01

Hooper printing inc. has bonds outstanding with 9 years left to maturity. the bonds have a 8% annual coupon rate and were issued 1 year ago at their par value of $1,000. however, due to changes in interest rates, the bond's market price has fallen to $908.30. the capital gains yield last year was -9.17%. what is the yield to maturity?

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Hooper printing inc. has bonds outstanding with 9 years left to maturity. the bonds have a 8% annual...

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