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Compute the? bond yield to maturity

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Reference no: EM133178000

Question - Fingen's 19-year, $1000 par value bonds pay 11 percent interest annually. The market price of the bonds is $900 and the market's required yield to maturity on a? comparable-risk bond is 14 percent.

Required -

a. Compute the? bond's yield to maturity.

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

c. Should you purchase the? bond?

Reference no: EM133178000

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