National Steel 15-year bonds pay 15% coupon interest rate annually. a) the market...

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Accounting

National Steel 15-year bonds pay 15% coupon interest rate annually.
a) the market price of the bonds is $1,085. compute the bond's expected rate of return (yield to maturity).
b) your required rate of return is 10%. determine the value of the bond to you.
c) should you purchase the bond? why?

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