Rockinghouse corp management plans to issue seven-year zero, Ask an Expert

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Rockinghouse Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $445.06. Assuming annual coupon payments, what is the yield to maturity on these bonds? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 3 decimal places, e.g. 15.251%.) Yield to maturity %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92173863

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