Bond Yields An Ekornes ASA bond carries an 8 per cent coupon, paid semi-annually. The par value
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Bond Yields An Ekornes ASA bond carries an 8 per cent coupon, paid semi-annually. The par value is NKr1,000, and the bond matures in 6 years. If the bond currently sells for NKr911.37, what is its yield to maturity? What is the effective annual yield?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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