Question
1. If you borrow $12,000 and are required to make 10 annual payments of $1,804.02, what is the YTM? 2. What is the YTM on
1. If you borrow $12,000 and are required to make 10 annual payments of $1,804.02, what is the YTM?
2. What is the YTM on a 6% annual coupon bond with a par value of $1,000, a current price of $780, and 10 years to maturity? What if it's semiannual coupon instead?
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Handbook Of Anti Money Laundering
Authors: Dennis Cox
1st Edition
0470065745, 978-0470065747
