What yield to maturity is the bond offering

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1. Yield to Maturity. A 7.65 percent coupon bond with 16 years left to maturity is offered for sale at $1,030.00. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) Yield to maturity %

2. The Stefani Co. had $198,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate the company’s income taxes. What is the average tax rate? What is the marginal tax rate?

Reference no: EM131855709

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