Question
13) The formula for the yield to maturity, i , on a discount bond is A) i = (Face value - Discount price)/Discount price. B)
13) The formula for the yield to maturity, i, on a discount bond is
A) i = (Face value - Discount price)/Discount price.
B) i = (Discount price - Face value)/Discount price.
C) i = (Face value - Discount price)/Face value.
D) i = (Discount price - Face value)/Face value.
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An Introduction To Real Estate Finance
Authors: Edward Glickman
1st Edition
0123786266, 9780123786265
