b. On 18 October 2016, the Corporate Junk bond issue is selling for $103. Use XIRR to

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b. On 18 October 2016, the Corporate Junk bond issue is selling for

$103. Use XIRR to compute the investor’s yield to maturity (YTM)

of the bonds.

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Related Book For  book-img-for-question

Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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