Atlantis fisheries issues zero coupon bonds on the market, Ask an Expert

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Atlantis Fisheries issues zero coupon bonds on the market at a price of $319 per bond. Each bond has a face value of $1,000 payable at maturity in 11 years. What is the yield to maturity for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to maturity %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91582118

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