26- Disney Enterprises issued 7.55% senior debentures (bonds) on July 15, 1993, with a 100-year maturity (that is, due on July 15, 2093). Suppose an investor purchased one of these bonds on July 15, 2003 for $1,050. a. Determine the yield-to-maturity (nearest of 1 percent) using the valuation formula for […]