Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Abner corporation’s bonds mature in 23 years and pay 7 percent interest annually. If you purchase the bonds for $900, what is your yield maturity?
Your yield to maturity on the Abner bond is
Round to two decimal places
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