What is yield to maturity on the fingen bonds

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Fingen's 17?-year, ?$1,000 par value bonds pay 9 percent interest annually. The market price of the bonds is ?$950 and the? market's required yield to maturity on a? comparable-risk bond is 11 percent.

Problem 1: Compute the? bond's yield to maturity. What is your yield to maturity on the Fingen bonds given the market price of the? bonds? (Round to two decimal? places.)

Problem 2: Determine the value of the bond to? you, given your required rate of return.

Problem 3: Should you purchase the? bond?

Reference no: EM132805630

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