Rogue racing inc has 1000 par value bonds with a coupon, Ask an Expert

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Rogue Racing Inc. has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. If there are twelve years remaining prior to maturity and these bonds are selling for $876.40, what is the yield to maturity for these bonds?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9859961

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