What is the? bond yield to? maturity for fitzgerald

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Problem 1: ?Fitzgerald's 30?-year bonds pay 8 percent interest annually on a ?$1,000 par value. If the bonds sell at $885?, what is the? bond's yield to? maturity? What would be the yield to maturity if the bonds paid interest? semiannually? Explain the difference.

Reference no: EM132986430

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