Question
A $1,000 par value bond with a 7.25% coupon rate (semianual interest) matures in 7 years and currently sells for $987.00. What is the bond's
A $1,000 par value bond with a 7.25% coupon rate (semianual interest) matures in 7 years and currently sells for $987.00. What is the bond's yield to maturity and bond equivalent yield?
The bond's yield to maturity is _____ ?
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
