FIN 3403 The Salem Company bond currently sells for $1,165.60, has a coupon interest rate

The Salem Company bond currently sells for $1,165.60, has a coupon interest rate of 12% and a $1000 par value, pays interest annually, and has 19 years to maturity.calculate the yield to maturity on this bondexplain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of the bond

The Salem Company bond currently sells for $1,165.60, has a coupon interest rate of 12% and a $1000 par value, pays interest annually, and has 19 years to maturity.calculate the yield to maturity on this bondexplain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of the bond

The Salem Company bond currently sells for $1,165.60, has a coupon interest rate of 12% and a $1000 par value, pays interest annually, and has 19 years to maturity.calculate the yield to maturity on this bondexplain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of the bond

The Salem Company bond currently sells for $1,165.60, has a coupon interest rate of 12% and a $1000 par value, pays interest annually, and has 19 years to maturity.calculate the yield to maturity on this bondexplain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of the bond

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