What is the yield to maturity for hath foods

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Problem 1: Hath foods bonds have 12 years remaining to maturity. interest paid annually. the bonds have a $1,000 par value and the coupon interest rate is 10%. The bonds sell at a price of $850. what is their yield to maturity?

a. 13.64%
b. 11.76%
c. 6.22%
d. 10.00%
e. 12.48%

Reference no: EM132808779

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