Bond yield to maturity-tidewater home health care

Reference no: EM13744614

Tidewater Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 10% with interest paid annually, and a par value of $1,000. The current market price of the bond is $1,251.22.

Question; What is the bond's yield to maturity?

Reference no: EM13744614

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Bond yield to maturity-tidewater home health care : Tidewater Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 10% with interest paid annually, and a par value of $1,000. The current market price of the bond is $1,251.22.

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