Question

The $1,000 face value bonds of Country Home, Inc. have coupon of 5.0 percent and pay...

The $1,000 face value bonds of Country Home, Inc. have coupon of 5.0 percent and pay interest semiannually. Currently, the bonds are quoted at 112.15 and mature in 15 years. What is the yield to maturity?

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Answer #1

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