Question
7.Use a calculator to calculate the YTM of a debt from the following information: Face value is $1000 and current trading price at $975; coupon
7.Use a calculator to calculate the YTM of a debt from the following information:
Face value is $1000 and current trading price at $975; coupon rate is 6% with semi-annual payments and 10 years to maturity.
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
