Exam (elaborations)
Latest Corporate Finance Final Exam [13th Edition by Stephen Ross]
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Latest Corporate Finance Final Exam [13th Edition by Stephen Ross] Bonds issued for Stainless Tubs bear a 6% coupon payable semiannually, the bonds mature in 11 years and have a $1000 future value. They currently sell for $989, what is the yield to maturity? a) 5.87 b) 5.92 c) 6.08 d) 6.1...
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