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The Medium Companys bonds have 10 years remaining to maturity Interest is paid annually the bonds have a P1000 face value and the coupon interest rate is 9 percent What is the estimated yield to

The Medium Company’s bonds have 10 years remaining to maturity. Interest is paid annually; the bonds have a P1,000 face value; and the coupon interest rate is 9 percent. What is the estimated yield to maturity of the bonds at their current market price of P900?
A. 10.64 percent        C. 8.53 percent
B. 10.00 percent        D. 7.50 percent

Jun 20 2021 View more View Less

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