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##10 1 answer below » Preston Corporation has a bond outstanding with a $90 annual interest payment, a market price of $1,280, and a maturity date in ten years.
Assume the par value of the bonds is $1,000. (Round your answers to 2 decimal places) a. Coupon Rate (%) ? b. Current Rate (%) ? c. The approximate yield to maturity (%) ? Jan 17 2014 07:06 PM