What is the bonds yield-to-maturity if a semiannual convert

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Reference no: EM132075086

Answer the following question :

Kerby manufacturing corporation sells a zero coupon bond for $38 with 8 years to maturity. At maturity the company will pay the bond's holder $100.

What is the bond's yield-to-maturity if a semiannual convert

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132075086

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