Several years ago you purchased Frias de Oliveira LTD bonds. A recent price quote on...
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Accounting
Several years ago you purchased Frias de Oliveira LTD bonds. A recent price quote on the bonds is 88.00. The bonds have 2 1/2 years left to maturity and a coupon rate of 3 3/4%. The yield to maturity at this price is closest to:
| A. | 9.35% | |
| B. | 9.23% | |
| C. | 4.62% |
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