Question
A $1000 face value corporate bond with a 10%semi-annual coupon and 8years to maturity is currently selling for a price of $1251.22.What is the Yield-to-Maturity
A $1000 face value corporate bond with a 10%semi-annual coupon and 8years to maturity is currently selling for a price of $1251.22.What is the Yield-to-Maturity of this bond?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
