Question
A $1000 face value bond has two years left to maturity, 7.3% coupon rate with annual coupons, and is currently trading at $922. What is
A $1000 face value bond has two years left to maturity, 7.3% coupon rate with annual coupons, and is currently trading at $922. What is the YTM on this bond?
Enter answer in percents, accurate to 2 decimal places
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Finance For Non Financial Managers
Authors: Pierre Bergeron
6th Edition
0176501630, 9780176501631
