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Business, 21.12.2020 18:00 Anshuman2002

Terrapins has a bond issue outstanding with nine years remaining to maturity, a coupon rate of 10% with interest paid semi-annually, and a par value of $1,000. If the current market price of the bond issue is $814.45, what is the yield to maturity?

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Terrapins has a bond issue outstanding with nine years remaining to maturity, a coupon rate of 10% w...
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