Compute the? bond yield to maturity

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Reference no: EM132722704

Fingen's 18?-year, ?$1,000 par value bonds pay 12 percent interest annually. The market price of the bonds is ?$1,130 and the? market's required yield to maturity on a? comparable-risk bond is 9 percent.

Compute the? bond's yield to maturity.

Determine the value of the bond to? you, given your required rate of return.

Should you purchase the? bond?

Reference no: EM132722704

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