Please answer yield to maturity? Carla Vista Corp. management plans to issue seven-year...

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Finance

Please answer yield to maturity?

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Carla Vista Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $442.66. Assuming annual coupon payments, what is the yield to maturity on these bonds? Assume face value is $1,000. (Round answer to 3 decimal places, e.g. 15.251\%.) Yield to maturity %

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