Bond outstanding-What is the yield to maturity of the bond

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Reference no: EM13885245

May Industries has a bond outstanding that sells for $907. The bond has a coupon rate of 4.70 percent and 27 years until maturity. What is the yield to maturity of the bond?

Reference no: EM13885245

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Bond outstanding-What is the yield to maturity of the bond : May Industries has a bond outstanding that sells for $907. The bond has a coupon rate of 4.70 percent and 27 years until maturity. What is the yield to maturity of the bond?

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