Bond valuation problems, Elmhurst Inc. bonds bearing a

Bond valuation problems

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Reference no: EM13881291

Bond Valuation Problems

Elmhurst Inc. bonds bearing a coupon rate of 10%, pay coupons semi-annually, have 9 years remaining to maturity, and are currently priced at $960 per bond. The bonds have a face value of $1,000. What is the yield to maturity on these bonds?

Reference no: EM13881291

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Bond valuation problems : Elmhurst Inc. bonds bearing a coupon rate of 10%, pay coupons semi-annually, have 9 years remaining to maturity, and are currently priced at $960 per bond. The bonds have a face value of $1,000. What is the yield to maturity on these bonds?

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