Abner​ Corporation's bonds mature in 21 years and pay 13 percent interest annually. If you purchase the bonds for ​$925​, what is your yield to​ maturity? Your yield to maturity on the Abner bonds is  ​%

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
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Chapter4: Bond Valuation
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Abner​ Corporation's bonds mature in 21 years and pay 13 percent interest annually. If you purchase the bonds for ​$925​, what is your yield to​ maturity?

Your yield to maturity on the Abner bonds is  ​%

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