Peter griffin has a bond issue outstanding with 9 years, Financial Management

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Peter griffin has a bond issue outstanding with 9 years

Peter Griffin has a bond issue outstanding with 9 years remaining to maturity, a coupon rate of 10% with interest paid semi-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?? (Please show breakdown)

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Financial Management: Peter griffin has a bond issue outstanding with 9 years

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Financial Management: Peter griffin has a bond issue outstanding with 9 years

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