Bond Yields RCA Holdings plc has just issued an 18- month bond with a face value of
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Bond Yields RCA Holdings plc has just issued an 18-
month bond with a face value of €10,000, and an annual coupon rate of 2 per cent, paid every quarter. The issue price is €9,984.50. What is its YTM?
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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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