Winston Enterprises has a 15-year bond issue outstanding that pays a 9 % coupon. The...
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Winston Enterprises has a 15-year bond issue outstanding that pays a 9 % coupon. The bond is currently priced at $905.60 and has a par value of $1,000. Interest is paid semiannually. What is the yield to maturity? 10.13% 5.12% 10.16% 10.25% 8.99%
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