Facade securities has an issue of 1000 par value bonds with
Facade Securities has an issue of $1,000 par value bonds with 18 years remaining to maturity. The bonds pay 7.7% interest on a semiannual basis. The current market price of the bonds is $1,175. What is the yield-to-maturity of the bonds?
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facade securities has an issue of 1000 par value bonds with 18 years remaining to maturity the bonds pay 77 interest on
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