FOUNDATIONS OF FINANCE-MYFINANCELAB
FOUNDATIONS OF FINANCE-MYFINANCELAB
10th Edition
ISBN: 9780135160619
Author: KEOWN
Publisher: PEARSON
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Chapter 7, Problem 19SP

(Expected rate of return and current yield) Time Warner has bonds that are selling for $1,371. The coupon interest rate on the bonds is 9.15 percent, and they mature in 21 years. What is the yield to maturity on the bonds? What is the current yield?

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FOUNDATIONS OF FINANCE-MYFINANCELAB

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Bond Valuation - A Quick Review; Author: Pat Obi;https://www.youtube.com/watch?v=xDWTPmqcWW4;License: Standard Youtube License