Pay interest semi-annually-pay interest semi-annually

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The 12.21 percent coupon bonds of the Peterson Co. are selling for $900.05. The bonds mature in 5 years and pay interest semi-annually. These bonds have current yield of _____ percent

Reference no: EM13804516

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Pay interest semi-annually-pay interest semi-annually : The 12.21 percent coupon bonds of the Peterson Co. are selling for $900.05. The bonds mature in 5 years and pay interest semi-annually. These bonds have current yield of _____ percent

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