Compute the? bond yield to maturity

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Reference no: EM133056621

11?-year,?$1,000par value bonds pay13percent interest annually. The market price of the bonds is?$910 ?Fingen's and the? market's required yield to maturity on a? comparable-risk bond is 16 percent

a. Compute the? bond's yield to maturity ( round to 2 decimals)

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

c. Should you purchase the? bond?

Reference no: EM133056621

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