Yellow Submarines Inc. has an outstanding bond with 8 years to maturity, which pays an...
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Yellow Submarines Inc. has an outstanding bond with 8 years to maturity, which pays an 8% semi-annual coupon. The current price of the bond is $755.06 for a $800 face value. What is the yield to maturity? Select one: O a. 6.2 percent b. 4.5 percent O c. 9.0 percent O d. 12.3 percent O e. 11.3 percent
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