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Manal Elkhoshkhany
Manal Elkhoshkhany, Bachelor's Degree
Category: Single Problem
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Experience:  Finished my BA degree with a GPA of 4.0.
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Cornerstone industry has a bond outstanding that has a 5%

Customer Question

cornerstone industry has a bond outstanding that has a 5% coupon rate, $1000 face value,and a market price of $897.34. if the bond matures in five years and interest is paid semiannually, calculate the bonds yield to maturity
Submitted: 8 months ago.
Category: Single Problem
Expert:  Manal Elkhoshkhany replied 8 months ago.

Please click on the following link to download the solution:

https://app.box.com/s/er5kw06ymf8d5kut7xz9rwvwnkn8lrqu

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