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New jersey lighting has a 7 coupon bond maturing in 17

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Reference no: EM13575184

New Jersey Lighting has a 7% coupon bond maturing in 17 years. The current market price of the bond is $975. What is the bond's yield to maturity?

Reference no: EM13575184

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New jersey lighting has a 7 coupon bond maturing in 17 : new jersey lighting has a 7 coupon bond maturing in 17 years. the current market price of the bond is 975. what is the
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