The bonds have a 1400 par value and a coupon rate of 9


Evans Emergency Response bonds have 4 years to maturity. Interest is paid semiannually. The bonds have a $1,400 par value and a coupon rate of 9 percent. If the price of the bond is $1,089.55, what is the annual yield to maturity?

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Financial Management: The bonds have a 1400 par value and a coupon rate of 9
Reference No:- TGS02312837

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