Toshiba Corporation's noncallable bond carries a 11.50% coupon, pays interest semiannually, and has 18 years to maturity

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Toshiba Corporation's noncallable bond carries a 11.50% coupon, pays interest semiannually, and has 18 years to maturity

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Toshiba Corporation S Noncallable Bond Carries A 11 50 Coupon Pays Interest Semiannually And Has 18 Years To Maturity 1
Toshiba Corporation S Noncallable Bond Carries A 11 50 Coupon Pays Interest Semiannually And Has 18 Years To Maturity 1 (12.01 KiB) Viewed 18 times
Toshiba Corporation's noncallable bond carries a 11.50% coupon, pays interest semiannually, and has 18 years to maturity. What is the bond's yield to maturity to if the market price is $877.52?
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