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Question - Tidewater Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 10 percent with interest paid annually, and a par value of $1,000. The current market price of the bond is $1,251.22.
A. What is the bond's yield to maturity?
B. Now, assume that the bond has semiannual coupon payments. What is its yield to maturity in this situation?
at year-end alvare company estimates its bad debts as 0.70 of its annual credit sales of 762000. alvare records its bad
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