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Tesla issued bonds with 7.35% annual coupon rate and 12 years to maturity. The bonds...

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Accounting

Tesla issued bonds with 7.35% annual coupon rate and 12 years to maturity. The bonds have a maturity or face value (FV) of 1,000 and their current market price (PV) is $920 What is the yield to maturity (YTM) on Tesla's bonds

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