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The North Life Corp. issued a 30-year bond 14 years ago with a face value of $1,000 and a coupon rate of 8% (semi- annua

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The North Life Corp. issued a 30-year bond 14 years ago with a face value of $1,000 and a coupon rate of 8% (semi- annua

Posted: Sun Jun 05, 2022 7:07 am
by answerhappygod
The North Life Corp Issued A 30 Year Bond 14 Years Ago With A Face Value Of 1 000 And A Coupon Rate Of 8 Semi Annua 1
The North Life Corp Issued A 30 Year Bond 14 Years Ago With A Face Value Of 1 000 And A Coupon Rate Of 8 Semi Annua 1 (18.87 KiB) Viewed 30 times
The North Life Corp. issued a 30-year bond 14 years ago with a face value of $1,000 and a coupon rate of 8% (semi- annual payments). The bond is currently selling for $728. What is the yield to maturity to an investor who buys it today at that price?
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