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The 12 year, $1000 par value bonds of Waco industries pay 11% interest annually. The...

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Accounting

The 12 year, $1000 par value bonds of Waco industries pay 11% interest annually. The market price of the bond is $1115, and the markets required yield to maturity on a compo risk round is 8%.

Compute the bonds yield to maturity

Determine the value of the bond to you given the markets required yield to maturity and a comparable risk bond

Should you purchase the bond?

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