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Business, 22.02.2020 02:50, arrow87654
Acme Products has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10% with interest paid annually, and a par value of $1,000. If the current market price of the bond issue is $814.45, what is the yield to maturity, rd?
a. 13%
b. 15%
c. 12%
d. 16%
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Answers: 2
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Acme Products has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10%...
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