If the bond has an annual interest rate of 7 percent but, Financial Management

If the bond has an annual interest rate of 7 percent but

(Yield to maturity) A(n) 8-year bond for Rusk Corporation has a market price of $ 925 and a par value of $ 1000 If the bond has an annual interest rate of 7 percent, but pays interest semiannually, what is the bond's yield to maturity?

A. The Bonds Yield to maturity is % (round to two decimal places)

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Financial Management: If the bond has an annual interest rate of 7 percent but

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Financial Management: If the bond has an annual interest rate of 7 percent but

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