Intercontinental baseball manufactures ibm has that as an, Ask an Expert

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Intercontinental Baseball Manufactures (IBM) has that as an outstanding bond with a $1,000 face value that maturecs in 10 years. The bond, which pays $25 interest every six months ($50 per year), is selling for $598.55. What is the bond's yeild to maturity?

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Category:- Basic Finance
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