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Whiterock Care has a bond issue outstanding with 9 years remaining to maturity, a coupon rate...

Whiterock Care has a bond issue outstanding with 9 years remaining to maturity, a coupon rate of 8% with interest paid semiannually, and a par value of $1,000. The current market price of the bond is $1,158.70. What is the bond's (annual) yield to maturity?

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jeff jeffy answered 2 years ago
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